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...
PFC-121.8. It has fallen from recent high of 135.9 and consolidated. Now it will start its upward journey to reach previous highs of 136 and 140 in near future. Its last quarter EPS is 10 and stock is trading at very cheap valuations. It is also a holding company of REC. Buy for target of 130, 136, 140++ with a sl of 107 in near term also good dividend paying...
Just found something that has been consolidating for a long time(15 min timeframe used) Use your knowledge and interpretation for good trade
PFC will give a good move post breakout. Entry - ONLY on pullback (else we might be trapped in a FAKEout)
PFC Immediate Sell Current Price
Rounding pattern formation Lead to a bullish rally Later on breaking of neckline All follow up candles touched neckline Interesting note is last 3 day candles Almost DOJI candles back to back These makes it curious for a reversal and start of downtrend below neckline Sale wud trigger around 104-103 with so 108 disclaimer join your study to take trade
Showing good recovery and braking its resistance best to buy for Swing Trading for 2 weeks trending above 50 and 200 EMA Cmp : 103.50 Buy Abv : 109 Sl :103 Trgt : 122 (10.27%) Disclaimer -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial...
Opportunity for long (great dividend yield)
Intraday / Swing Setup: Looks good above 92 with confirmation on 15 mins for 96/100+. Keep a tight SL of 90. Price moving in HHLL and this is critical level for breakout. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Long PFC Ltd for a target of 91-92. It has crossed the resistance level and now can give swing trade.
Safe Traders : Wait for the retest to happen and enter only when the triangle channel breakout. Aggresive Trader : Take an entry at current price and exit near the resistance 1 , take an entry again after the retest happens. Please comment if you have any doubts.
Power Finance Corp (Head & Shoulder Pattern Formed)