PFC is at the support area PFC is at the support area and the trend line as well. High probability it may take support again from the area and the trend line. A good opportunity to go LONG
PFC trade ideas
PFC - Parallel Channel PatternEntry Price - 135.7
Stop Loss - 127.8
Target - 151.55
Note: For Educational Purpose Only
FY21-22 Swing Trade Idea #190: Long on PFC This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
[POSITIONAL] PFC LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Near long time resistance. BO can give good movePFC is at a long time resistance. BO above 140 can give target 0f 147 , 157 and above
keep an eye on this stockcounter near important levels.
remember this is a high dividend veilding stock.
multi year trendline breakout may unlock fresh levels.
perfect addition to portfolio for 6 months duration
Bright chances of Hugh MoveThis is Monthly Timeframe.
PFC is near is resistance of a very long resistance line.
We saw a big breakout in TATA Power from power sector few months back.
Will it happen same with PFC?
The chances are looking bright as it is sideways for years.
And here, RR ratio is also looking good which 1:2 if I kept stoploss near the recent support.
It may also go above it's all time high.
Power demand is increasing. There a lot fundamental positive actions are taking place.
So it will benefit it.
This post is for information purpose only.
PFC-148.95PFC-148.95. It has done triangular breakout. Can be initiated long with SL of 138 for a tar of 166.6 and above soon. RSI, MACD, volumes are also favoring upward movement. This is for educational purpose and any investment advice shall be done with consultation of financial advisor.
PFC longPFC long
Breakout trade
Buy at CMP- 135.2
SL- 126
Target- 149, 158, 168
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
PFC LONGPFC looks good on the chart and gets ready to fly, PFC is continuously in an uptrend since April. I see good upside potential in this stock
Bullish on PFCHave a solid breakout with good volume, wait for bullish candle to close above the closing price. Can give upmove of 10%.
I am not registered sebi advisor.
Posting only for educational purposes.
POWER FINANCE CORPORATION (PFC)... A RALLY AHEAD..A breakout can be seen in the price chart. It can also be seen as a cup & handle pattern. Technically the share price should rally soon.
PFC 1Month analysisPFC has been forming a long term TRIANGLE
pattern, and now it is at the verge of breakout
we can see higher levels after the breakout,
we can enter above 153 and the SL will be right
below the upper trendline, 137-140 will be a support
level, if the breakout fails it might return to the lower trendline
make sure you maintain your SL's if u want to enter
168 nd 190 will be the targets
pfc bullishpositional call , pfc bullish, breakout expected on weekly chart. for education purpose only.
pfc- buy on dipsBuy from cmp to 142
easy tg - 146
tg2- yours
Disclaimer : This is my personal analysis for study purpose not intended for trading
PFC breakout late pullback entryVolatility Contraction Pattern playing out in PFC, some key power, energy, and financial stocks moving well gives more confidence and conviction to hold on to the trade. SL will be around 12-15%
PULLBACK ENTRY
PFC fundamentally strong stockNSE:PFC
breaks its 2 yrs résistance.
also ready to coming out from 10 yrs channel pattern.
buy on dips SL- below the zone.
#LONGTERM STOCK
#the_pravin #simPlepriceaction #notoindicator #nakedchart #swingtrading
Double BOTTOM - SIMPLE AND POWERFULDear friends,
Explained everything in the chart.
Happy investing.
Regards,
Indian Ox
PFC 121.8It is in continuation to earlier idea. It has taken support at 50 EMA and Fib retracement level 23.6.
PFC Head and Shoulder pattern formation and retest of prev highClear Inverse HNS pattern formation in PFC which is a positive signal to go long in the stock
CMP is 139
SL is 119 (Daily closing basis)
Target1 is Rs 156
Target2 is Rs 169
Target3 is Rs 200
Do your own analysis before investing.
