PFC looks bullish with huge multi year multiple pattern breakoutPFC is at the verge of multiple pattern breakout in monthly timeframe
1. 4Y double bottom pattern
2. 2Y inverted head & shoulder pattern
3. 10Y trendline breakout
PFC trade ideas
PFC - INTRADAY BREAK & RETEST Plan your Trade & Trade your Plan
Up trending Stock
Inverse Head & Shoulders Pattern Breakout
Retest to H&S Neckline
Fib Rejection from 50% level
Entry can be done with confluence from lower timeframe like 5min or lower if you like.
Let uptrend be confirmed in lower timeframe and place your stoploss by looking at higher time frame.
Double BOTTOM - SIMPLE AND POWERFULDear friends,
I explained everything in the chart.
Thanks,
Indian OX
inverse head and shoulder patternit gives breakout of inverse head and shoulder pattern
It also gives channel pattern breakout in weekly time frame
Volume also looks good
trade with cup & handle !!!pfc : 128.70
trade set up :
1. buy above 131
2. keep stoploss as 119 on closing basis
3. targets : 142 / 156+
buying based on technical:
1. cup & handle
2. multiple resistance breakout
3. volume accumulation
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON PFCIn this self explanatory series i will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading
PFC, Inverted Head & Shoulder breakoutDetailed explanation on chart.
Thanks
Piyush Gupta
Learn & Earn
Super 3T VCP BOLong consolidation .
Good EPS Growth
Consistent Margins
Disc: For Educational purpose
PFC Volatility Contraction BreakoutPFC has given a breakout after consolidation. Volatility had contracted and today PFC has given a breakout above the sloping trendline
PFC NEAR BREAKOUTStock is trading near strong supply zone and this time it looks like stock will breakout wait for weekly close above the supply and buy for given targets.. Purely for education purpose research on your own before investing
PFC LongPFC Expecting some consolidation and pullback before rally try buying along with the institution best entry 128-130 zones
PFC - btstBuy from 130.4 to 129.5
easy target - 133
tg2 - 135
Disclaimer : This is my personal analysis for study purpose not intended for trading
Intraday and Swing Trade: watch for resistance breakoutbuy above 141 in Intraday and Swing
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Channel + ATH Breakout in PFCPFC looking good for channel and ATH breakout
Buy above 141 (15-min candle close) for 150/162/198.
Please use trail SL after T2.
SL 138 CLBS.
is it right time to enter pfc?can PFC give us good return in near term?
forming head and shoulder, cup and handle at the same time.
personally i will be entering at 140 and will add more after price closes above 150 in daily chart.
Above 150 will be breakout in symmetrical triangle in weekly chart, and will hold for next 1-2 years.
PFC 09 SEP TRADE PLAN OUTCOME
Every now and then you will get a jackpot trade ''WHICH CAN FLY WAY ABOVE YOUR IMAGINATION''
MAKE A TRADE PLAN WHICH INCLUDES ''TRAILING STOPS''
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
PFC nearing its breakout levels. Inverted Head & ShoulderPFC likely to take a breakout form current resistance levels. A Long candle formation near resistance looks strong. Entries may be done post breakout once stock price sustains above breakout levels fallowed by decent volume
Near multi-year resistance...Can it breakout !!!Stock is trading near its multi-year resistance of 135-136 levels..also has formed inverted H&S pattern on weekly chart. Now, one can keep this in watch-list and watch for any breakout and closing above its resistance for long positions. Also consider as long term holding, since it has promoters as majority stakeholders and also with high institutional (FII/DII) holdings in the company.
[Short Term]Cup & Handle Pattern in PFC (Target -162+)On a Daily Chart, PFC shows breakout above 130 of cup and handle pattern's neckline. After this breakout seen retracement upto the breakout level. Expected it will continue its uptrend upto 162+ in upcoming few trending session. Can go long in this trade above 130 for target of 140,150 and 162+ with stop loss @120.
