PFC looking good for a swingLevels on the chart
Buy @ 128-133
Target 139-144-148-153-158-163-169-177-190-200+
Sl Below 127 (Daily Candle Closing Basis)
Holding Period 2-3 Months
PFC
PFC Positional Trade SetupPFC making cup and handle patter in the day time frame,
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So for we will buy this trade once it cross 140 for the target of 160-170.
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140 is the resistance if it's break, we can see the good upward momentum in the stock.
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So what's your view on this comment below in the box.
Power Finance CorpStock is showing great momentum possibly break the triangle formation.
ADX is also showing upside movement .. good stock to buy and hold for some time
Buy on dip recommended
Beautiful Triangle breakout In PFC...CMP @ 133Beautiful Triangle breakout In PFC...CMP @ 133 on daily time frame
PFC immediate gains can be expected.Look for buying opportunities on dips.
Position can be entered around 124-126, with SL of 120, and Targets of 133+. Do not place targets but trade with trailing SL.
PFCNote:
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Symmetric Triangle in PFCNotes:
The stock has been in a symmetric triangle ever since its listing in 2007.
Possible trading ideas are
1) Wait for a breakout and trade in cash (long if candle closes above 137.5, short if it closes below 70.5)
2) Intra-formation trades, derivatives or cash (Go short, scrip bounces off the top trendline and long if it bounces off the bottom trendline.)
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
PFC BULLISHSupport and resistance marked on chart. parallel channel also marked
If sustain new level can be seen
PFC, GOOD LONG OPPORTUNITYPFC Has given nice breakout on Hourly charts.
Volumes are strong.
Can be traded for long on retest, Risky can take positions now.
***DO YOUR OWN ANAYLSIS BEFORE ANY TRADE***
Will PFC break 10 year trendline resistance?Power Finance Corporation is forming a symmetrical triangle that is almost 10 yrs old
The movement will be strong if broken on the upside
If Resistance 4 is broken, previous resistances can be targets
Keep SL as per your risk appetite
If you like the idea, show your support by giving a like. Thank you!
Please stay safe. Happy Trading!
Regards,
Segan
#TFCILTD CMP75.55 #Target 108.85 #ITDC #IRCTC #SBICARD #PFC #REC#TFCILTD
NSE: TFCILTD
Long Term Investment
CMP 75.55
Target : 108.85
SL : 67
Timeframe < 60 Days
Can hold for longer time
Factors:
Trend Following
Inverted Head & Shoulder Pattern.
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
PFC 129.5PFC- as per chart It is making cup formation. Top of the cup is at 138. Today it has risen by 3.73% with huge volumes even in falling market. That is very bullish sign. It has also filled the gap formed on 18.3.21 which is also bullish sign. It may go up to 138 with a SL of 123.
#CESC CMP742.65 #Target 840+ #ModiSpeech #PMModi #Philipcarb #ITWeekly Chart
#CESC
NSE: CESC
Short Term Quick Profit
CMP 742.65
Target 1: 786
Target 2: 846
SL : 684
Timeframe < 90 Days
Can hold for longer time
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
PFCNote:
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
