Power finance Corp. Symmetrical Triangle Breakout CMP 123 buy Power finance Corp.
Symmetrical Triangle Breakout CMP 123
buy above 125 - closing basis
Target 131- 142- 148- 153-160- 175-180+
PFC trade ideas
#LONG: Multi-year Breakout in POWER FINANCE CORP The scrip was trading below multi-year resistance trend line since 2008.It gave a breakout from the trend line in Mar,23. It formed a large bullish candle on a monthly time frame returning 12% in Apr'23 and nearly 35% in last 3 months. The Stock rose nearly 3.40% today hitting ATH which is also a 10-Year High.
Stop Loss: 189 (daily closing basis)
Potential:44%
Time period: 3-6 months(Expected)
NTPC HH the PFC is also showing strong upmove breakout. NTPC HH the PFC is also showing strong upmove breakout. NSE:PFC
PFC Bullish; above 259 on Thursday 2 Nov. PFC Bullish; above 259 on Thursday 2 Nov.
The above information does not constitute financial/investment/trading advice or recommendation and it is purely for educational purpose.
SWING Trading Strategy:
One may enter into a position only upon stock closing above the entry price on day closing basis and hold on for 5/10 trading sessions for larger gains
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Bullish PFCStrong support now after a Healthy correction. OI indicators showing good support and long buildup is creating on the support side.
Can $NSE:PFC Will Face Resistance?Dear Followers,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:PFC I have been monitoring.
It appears that the stock is approaching a potential resistance level Near 250-255 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a temporary halt in the current upward momentum and Possibly it will test 210 In Downmove.
Resistance Levels to Watch out.
R1= 245
R2= 255
R3= 263
Support Levels To Watchout.
S1= 220
S2= 210
S3= 195
As always, please remember that investing involves risks, and it's important to carefully consider your options. If you have any questions or would like to discuss this further, please don't hesitate to reach out.
Best regards,
Ajay Metha
Breakout & Retest--stock gave a solid breakout from 2 months consolidation
--Retest completed
--good for long term curently good
for swing trade
--Buy at CMP
--T-320+,338+
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser
Power Finance Corporation Limited - Long Setup, Move is ON...#PFC trading above Resistance of 192
Next Resistance is at 281
Support is at 137
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Trade-25/100-PFC-R:R Experiment-BuyBuying PFC in DAILY positional trade
Good structure making HH-HL.
Power Finance Corp - Chennel BreakoutThe chart is self-explanatory. Channel breakout and high potential for upward movement.
Trade with SL
Short PFC for expirySell around 271.5 to 272.75
SL-274
Target- 267, 265
Note-Only for educational purpose.
Symmetrical triangle pattern formed in PFCSymmetrical triangle pattern formation in PFC in 15 min timeframe
Please find the levels marked on the chart
If price gives break out:
First target - 277.20 (52 week level)
If price breaks down:
First target - 267.40
Second target - 265.45
Stop loss could be at the end of the wick of the first opening candle.
Happy Trading
Cheers
selling from the top pfcstock ralling very steeply is not good , and can see selling from the top has started
can be a trap at this levels
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
PFC Long 75 Min Time FramePFC Long, 75 Min Time Frame. Today PFC has given a breakout from a range.
Buy. Keep your profit 1:3 and then trail your SL from there.
13 year triangle breakout on PFC.13 year triangle breakout on PFC. PFC has been consolidating in a range since 2010. Breaking through 146, it just gave a 13 year triangle breakout and rising since. Recently made a new all time high. A long way to go from here. Should easily surpass 800 and 1000 in the next few years.
power finance powering onit is breaking out of a 2-month old channel. long for long profits and longer targets
PFC - buy on dipsBuy < 212.6
easy tg - 218
Disclaimer : This is my personal analysis for study purpose not intended for trading.
PFC - Ichimoku BreakoutStock Name - Power Finance Corporation Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 220
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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RSI Divergence on daily chart, long wick from Top on weekly charRSI Divergence on daily chart, long wick from Top on weekly chart
i) Gap at 197.5 crucial, if it breaks, can go down to 190.
ii) RSI Divergence on daily chart. 16jun to 23rd Jun candle.
iii) Big supports at 194.
PFC Breakout retest on daily TF. PFC Breakout retest on daily TF. I have position at breakout level and today on retest averaged it @ 149. Target is 189 with 130.50 as stop loss.
PFCsell from cmp to 203
easy tg - 200
tg2 - 196
Disclaimer : This is my personal analysis for study purpose not intended for trading.
PFC - Swing Trade || 14th May, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for the Swing Trade Idea levels for 14th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
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