PFC viewPFC
CMP 95.20
One may consider to buy at CMP or on dips towards 92 for Target of 107/113/119/124
Stop loss if trades below 88 on closing basis
Take care and safe trading...!!!
PFC
Power Finance Corporation: Wonderful Case of AccumalationCheck the chart for annotations. I am long in this stock and would add more on a breakout above 95. My stop loss is at 83 as of now in cash.
Will you want to double your money??Now this time chart will tell you everything.
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PFC short term viewInverse Head and shoulder pattern formed and daily MACD line crossover may happen on upcoming days. Target mentioned on chart.
Vijayaragavan
Kovilpatti.
PFC - Up timeNSE:PFC
PFC has consolidated as it should have. It also completed its H&S. Presently at strong support.
CMP 91.90
Buy above 95
SL 92
TGT 110
PFC short term viewBandbollinger lower band breakdown and indicators are weak in daily and weekly chart. These helps to reach the target range.
Vijayaraghavan,
Kovilpatti.
PFC Bullish wolfewave on weekly chart CMP 109 BSE:PFC is good long for a Target of 160 in short to medium term with SL of 100.
All position mention in cash level. Follow strict SL to avoid losses in volatile market.
Happy Trade!!
PFC - A possible further fall NSE:PFC has formed H&S shape and has been in weakness for long.
PFC slipping below 116 should go till 93
CMP 120
Short below 115.50
TGT 93
PFC FallingNSE:PFC is at multi-month and multi-year resistance. It attempted to breach the resistance but ended up negative.
Short PFC below 141 for target 128
SL 149
PFC- Breakout and RestestPFC- As I have mentioned in charts, PFC broke its resistance area after consolidation, and retested same area today, At breakout there were good volumes Jump and Today also one can see Volumes bump at the same time we can see RSI had crossed 60 levels and at the time of retest it took support at 60 levels which is strong bull sign. One Can Go Long for 163-168 Target Area with Stoploss of a Close Below 135.
PFC: Will It Bounce?Notes on the chart.
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Trade Safe
Regards
Bravetotrade
PFC - At Strong Support Zone (Risk to Reward Favorable)It is been observed on the hourly chart, that the price action is holding on to a strong support zone indicating a strong buying at current levels that can up lift the price action in coming session.
It is providing a good risk to reward entrance at current levels too.
Target - 132. 50 (1:2)
Target 2: 135 (1:3)
Target 3: 137.50 (1:4)
Stoploss: 125
PFC taking support from lower trendline. BUY PFC has FY17 expected EPS of 29.5 and FY17 BV of 165 (after interim dividend but before final dividend) and hence at current prices it is trading at a PE of just 5.5 and P/BV of 0.95. Its one of the cheapest finance stock in the market.
PFC corrected from 168 levels after the news came about Govt selling its 10% of its holding. Sale of share process will take about 3 months. I expect the share sale to happen between 180-190. PFC's lifetime high is 192.50.
1st target for PFC is 169 which is possible before expiry. Strong Buy .
PFC in an extended 5th wave at minute degreePFC is an extended 5th wave . There is higher volume in wave 5 and a couple of expanded flats. Wave ((v)) should end at 197 . Very short term target is 158.56 should end with wave 3 and (3) . The current minuscule wave 4 should correct the stock to 150 . but should not go below 148.50 . So buy at around 150 with a stop loss of Rs 148 and a target of 158.
PFC - A MULTI-BAGGER (VALUE INVESTING)It is been observed technically that the price action breaks above the consolidated triangle on monthly chart and indicating a big breakout and buyers are now in full control of price action. Now, it shall be trending up and from here on every dip is a buy or accumulate.
Fundamental:
Currently, undervalued as the intrinsic value of the stock is higher than the current market price, which indicate a strong up move in coming years.
It is an ideal for a value investing as it is an undervalued stock.
P/E: 5.65
P/BV: 0.53
P/BV: 272
Expected Earnings:
The expected earning in coming quarters shall be higher from current earnings due to change in interest rates. Fundamentally, it consists heavy capex numbers where a change in interest shall effect the profit margins. In current situation at macro levels, interest rates are fallen and expected to fall further which will immensely increase the profit margins and improve the quarter earnings in the coming years.
Disclosure: I'm personally invested in the stock. Before investing kindly consider your own due diligence or ask your financial adviser.
I would appreciate if you share your opinions, research or analysis on the same.
Regards
pfc breakout + reversal on weeklypfc weekly chart show reversal and range breakout
tgt 154
sl 134 close(w)
PFC SHORT - Bearish Doji Star at cruicial JunctionToday's Doji Star Candle at the classical Right-Angled and Descending Broadening chart pattern suggests a short. I observe many charts and patterns but consider for trading only where stop loss is affordable to me, specially after the revised Lot Size. PFC seems good with small stop loss just little above the high made today on closing basis. One can expect to ride the swing till the other end.
Another method to trade this pattern is to enter at 3rd touch for example going long on 16.12.17.
PFC Megaphone Short would the History Repeat?The Price movement is forming Broadening Formations(Megaphone) Right-Angled and Ascending . Last time it has retested the level within 7 Bar and moved down till the other end. Interestingly it is forming the similar move again Let's see if history repeats. Anyway the pattern is picture perfect, Stop Loss is affordable and Risk to Reward is attractive what else should we look while framing the trade. My only Concern is Budget Day volatility.
PFC Broadening Right-Angled and AscendingThe pattern is also called Megaphone. It has also formed 3L-Reversal at the top so one can short the stock wherever stop loss of 139.9 on closing basis is affordable. If the pattern works one can expect the price to touch the lower line around 112. Safe trader can book the profit on fib level that too offers a good risk to reward ratio
