PFC, or Power Finance Corporation, is currently on a trajectory that could take it to unprecedented heights in the financial world. As an established player in the power sector, PFC has consistently shown resilience and adaptability, making it a compelling choice for investors looking to ride the wave of its new rally.
The stock's recent performance hints at a...
The scrip was trading below multi-year resistance trend line since 2008.It gave a breakout from the trend line in Mar,23. It formed a large bullish candle on a monthly time frame returning 12% in Apr'23 and nearly 35% in last 3 months. The Stock rose nearly 3.40% today hitting ATH which is also a 10-Year High.
Stop Loss: 189 (daily closing basis)
Potential:44%...
#PFC trading above Resistance of 281
Next Resistance is at 425
Support is at 192
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
#PFC trading above Resistance of 192
Next Resistance is at 281
Support is at 137
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Stock Name - Power Finance Corporation Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 191
#This is not Buy and Sell recommendation to any one. This is...
PFC, Power finance corporation.
This scrip is continuously approaching to resistance. Scrip has formed a Cup & handle pattern on charts and its strongly bouncing from the golden zone.
Entry @ 155 - 165
Short term target - 180, 190, 200
SL - 155
Type :- Cash
BAsed on FII/DII data big player are acive now we are taking entry ON 160 and our TG based on FII moment basic we take 10% but as we know market is supream and it not in our Hand so we book target based on momentum
Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
POWER FINANCE CORPORATION as per Day Chart Analysis Stock
ABOVE 158 TARGET 162.
Today being an weekly expiry day, there had considerable sell off from FII by 1449.45 Cr and surprisingly DII was also a net seller by 194.09 Cr.
Nifty 50 has a good support at 17835 / 17771
Bank Nifty has a good support at 41951.
So lets see whether these support levels helps the...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
