Beautiful Triangle breakout In PFC...CMP @ 133Beautiful Triangle breakout In PFC...CMP @ 133 on daily time frame
PFC trade ideas
PFC target 5% and SL -2.26%Hey folks!
I made an entry just now near at 133.
Technical analysis:
It gave a good breakout at the area of confluence so I entered their as simple as that.
Fundamental analysis:
Company is 100% forecasted by tickertape experts
Besides that profit has kept been increasing
Good promoter holding,mututal funds holding, fiis holding.
It is a strong conviction trade for me.
Thanks !
Please make sure to like it as is boosts my confidence
And comment your thoughts down their.
And yes follow also okay .;)
#PFC CASH : looks good above 133.10#Pfc cash -Positional call
01.08.2021
Looks good above 133.10
stoploss 127
Target 140/148
Cmp 129.95
PFC Looking Highly Explosive On ChartsMultiple Top Formation BO
SL below 127
TGT for Short Term 160
For Long Term 240
Disclaimer : For educational purposes only
POWER FINANCE CORPORATION (PFC) CUP & HANDLE BREAKOUTA strong green candle today above the trendline can initiate a good bullish run in this script.
Power finance: BO on the cards, expect a quick 10% move!Ministry of Power has issued a memorandum providing details on the Revamped, Reforms-based and Resut-Linked Distributions sector scheme supporting discoms to undertake reform and improve performance in a timebound manner. Believe that result from implementation of this scheme will positively impact the entire value cain, revive capex and re rate the sector. PFC is at the forefront of this mega trend change. Expect a positive move over the next 2 quarters.
PFC waiting to breakout of triangleWaiting for triangle breakout. Which shall be indication for price movement away from consolidation
pfc have to give breakout this cup and handle works and i know it need no confirmations
it will move definetly
PFC- swing tradeHere's the 15 mins chart for you, which shows that the bear's aren't powerful enough to break the bull's neck by crossing the MACD centre line. If you look at the weekly chart, you get to see that our first resistance is at 132.25 (R1) and the other one is at 137.70 (R2). Tomorrows opening should be above or equal to the close of today's closing.
More details will be updated.
P.S - I failed to provide you 6% intraday gain on JK paper's which came in my radar before that move.
PFC | TIME FOR ACCUMULATION?This is an idea for a positional/ investment point of view. Please take trades based on your analysis & conviction.
Thank you
PFC ANALYSISPFC AT SUPPORT ZONE BUY ABOVE 125 STOP LOSS 115
FOR TARGET 130/140 FOR SHORT TERM TRADE
AND IF IT SUSTAIN ABOVE 140 YOU CAN GO FOR 160 WITHIN MONTH(INVERSE HEAD AND SHOULDER IN WEEKLY TIME FRAME).
POWER FINANCE CORPORATION (PFC) A beautiful cup and handle pattern has formed. With good Q4 results, the share price is likely to go on a long rally.
PFC immediate gains can be expected.Look for buying opportunities on dips.
Position can be entered around 124-126, with SL of 120, and Targets of 133+. Do not place targets but trade with trailing SL.
