Stock given an inverted head and shoulder pattern breakout with a strong bullish candle with excellent volume suggesting a shift in sentiment…
Breakout in Power Finance Corporation Limited with high volume
Stock has breakout from inverse h&s pattern on daily time frame with good volume and clocked intraday gain of 5%. Rally may continue hereon. Next resistance @ 470 levels
Investors, take note! Power Finance Corporation is currently showcasing a significant technical pattern that could influence your investment strategy: Head and Shoulders Breakout: Power Finance Corp has exhibited a clear Head and Shoulders breakout. This classic chart pattern is often viewed as a reliable indicator of a potential major reversal. Why This...
Power finance corporation is ready for small bullish move. We are expecting a good move of 3 to 4 % in Power finance corporation. Stock is on his support so we are expecting a good move from here. CMP : 404 SL : 397 TARGET : 412 / 418 / 420
PFC is ready for next bullrun. Consolidating between 350-400 since long time now. Ready to make new highs.
Elliottwave Analysis Update on NSE:RECLTD & NSE:PFC Wave 4 correction near to getting over. Shall be heading higher in wave 5 Rally in next 3-4 moths
PFC chart.. took 2 support at a big volume candle. Looking bullish for April month expiry.
MCAP=₹ 1,31,146 Cr., CMP20, PE17%, Promoter holding>55%
PFC had given breakout from Parallel Channel and now it has Retest to the Parallel Lines
#PFC Time frame: Daily Buy Price: 415 Target: 481 Stoploss: 381 Pattern: Round Bottom
🔵Stock has moved out from falling Trendline 🔵PSU will be in action due to elections 🔵Strong December Quarter results and expected to remain same 🔵Short term move expected to resume towards 440-480-500
⚡️Renewable Energy Theme ⚡️Good Quarterly Results ⚡️FIIs increasing stake ⚡️10Y ROE of 19% CAGR ⚡️Pullback from 21 WEMA 🔴 SL 387 🟡 CMP 407 🟢 TGT 448/509/611
NSE:PFC Watch Guys PFC Look like a Head and shoulders Pattern We Can Get Some Free Fall
PFC has major support at 380.It had bounced back from this level in past. However, this time it didnot show any resistance and broke 380 level with ease. Even bounce back is not expected. It might go deep down. The price at lower level may hit 280 level in next 2-3 months. Stop Loss for this trade shall be at 390 level. in.tradingview.com
EMA 20 is an important area and stock generally takes support here otherwise it may fall... lets see what will happen in this next week...
PFC seems to be giving head and shoulder pattern breakdown at 390 support zone. If sustains below 385 for 4 hrs then we may see further downside. Target : 370 (immediate), 305 (positional)
📊 Script: PFC 📊 Sector: Finance 📊 Industry: Finance - Term-Lending Institutions Key highlights: 💡⚡ 📈 Script is trading at Middle band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages will give crossover. 📈 Right now RSI is around 56. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 432 🟢 Target 🎯🏆 - 458 ⚠️ Stoploss ☠️🚫 - 416 ⚠️ Important: Always maintain...