PFC: Some Potential for Pullback Long

POWER FINANCE CORPNSE

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⋅ Jul 3, 2017 1:23 PM

Stock seems to have potential for pullback. Levels are on chart, manage the trade as you like.

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Afraidtotrade

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⋅ Jul 4, 2017 5:11 AM

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⋅ Jul 5, 2017 4:39 AM

Bouncing from aforementioned zone

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⋅ Jul 6, 2017 6:26 AM

Moved as expected

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⋅ Jul 6, 2017 8:12 AM

124 is a trailing stop for those who bought @ 122-123 zone

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⋅ Jul 7, 2017 4:18 AM

Target 128 hit.

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⋅ Jul 7, 2017 4:29 AM

Hope those who are following booked partial or full profits at 128. TSL for the rest of lot will be below 125.

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⋅ Jul 11, 2017 7:40 AM

125 hit today.

Comments

sudheer59

⋅ Jul 5, 2017 7:02 AM

Hi,i've bot 1 lot pfc futures @ 126 yesterday..can i expect profit from it? please give your comments.

Bravetotrade

⋅ Jul 5, 2017 7:14 AM

@sudheer59, you bought at resistance. Stock is struggling at 123 to 124. Dun take me wrong but nobody knows if demand comes beyond 126, its only a matter of buyer sentiment. Upmoves are swift though on five min. chart. And below 122 seller may take some control.