PFC trade ideas
PFC, NEAR 3.5 YEARS LONG TREND LINE BREAKOUT (CHART# 403)All level mentioned on chart. Can also be good for INTRADAY
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Watchout for 2 year old trendline breakoutThe stock has approched it's 2 year old trendline and looks good above 123 level. After breaking the blue line it can test the green line.
PFC buy at 88 , expecting 20% profitI will go LONG on PFC because:
The price is taking support at trend line .
It has touched the support trend line again .
So will look at buying opportunities.
If it falls below the support trend line then short it.
Entry - 88
Target - 103
Stop loss - 83
PFC 1DTHE STOCK GAVE A BULLISH BREAKOUT BEFORE NOW RETESTING OF THE PREVIOUS RESISTANCE IS DONE
THE STOCK MIGHT CONTINUE ITS BULLISH RALLY AGAIN
TARGETS AND STOP LOSS ARE MENTIONED ON THE CHARTS.
PFC | Big potential - Looks good for 25% to 38%PFC | Big potential - Looks good for 25% to 38% - Consider entering during retracement.
CMP : 98
SL : 94
(But can considerably keep below 86 - if willing to hold for short term - and buy in dips upto 88 even if this breakout is not sustained )
Target : 115, 121, 132
PFC | Big momentum is occuring againPFC | Big momentum is occuring again
We are already holding the position - can consider averaging or take entry with SL.
CMP : 104
SL : 101
Target remains the same as previous chart.
PFCCounter is shifting base. A weekly close above 112 to 114 will confirm the uptrend. Targets would be 120, 125 in short and medium term.
Not a SEBI Authorised advisor. Charting is for personal trading purpose.
SHORT PFCRSI clearly showing reverve trend. SELL PFC below 118.00 for intra-day
tgt1 114.50
tgt2 110.00
SL 120.50
Reversal Signs Signals 👀 Rounding pattern formation
Lead to a bullish rally
Later on breaking of neckline
All follow up candles touched neckline
Interesting note is last 3 day candles
Almost DOJI candles back to back
These makes it curious for a reversal and start of downtrend below neckline
Sale wud trigger around 104-103 with so 108
disclaimer join your study to take trade
PFC weekly turned bullishBullish !!!
Good news will flow with price !!!
Dividend announcement soon !!
Target - 135-140
PFC :- BEST FOR SWING AND POSITIONALShowing good recovery and braking its resistance best to buy for Swing Trading for 2 weeks trending above 50 and 200 EMA
Cmp : 103.50
Buy Abv : 109
Sl :103
Trgt : 122 (10.27%)
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. NSE:PFC
