Notes: 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...
Support and resistance marked on chart. parallel channel also marked If sustain new level can be seen
PFC 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***
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 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...
PFC- 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.
Weekly 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...
Price forming raising wedge pattern and it is likely to break.
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... 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...
It has taken support at the demand zone. RSI indicates an oversold zone. MACD is also in the Negative Zone. It is likely to take up-move 124 to 130 in the near term.
Decided to post Lower time frame analysis for sometime. Triangle pattern and the breakout will take the price in the expected track as shared.
pfc chart analysis for intraday and swing trading
PFC EQUITY Levels...24/03/2021 (D Candle)
After more than 620 days It had now crossed 137.5. Can it move up with the same potential or Is it a false breakout again? Please evaluate my analysis: On 15th (Monday) March if the bullish candle forms and closed above resistance then It will go up. If bearish candle forms then again downtrend on 12th (Friday)Massive Increase in volumes and RSI also crossed 60...