Pnc Infratech observation 1. Very nice broadening pattern.
2. A nice breakout from weekly levels and a nice pullback as well.
3. RSI above 60 on monthly.
4. Good fundamental stock.
5. Good management.
6. FIIs increasing the stake.
PNCINFRA trade ideas
Don't miss outIt's a gem, don't miss to start adding to your portfolio
On daily time frame it has formed falling wedge pattern.
Currently in oversold zone, buy daily small quantities. Once it crosses 226 uptrend will be confirmed, You may then buy in large quantities.
The way we are building roads and highways. It's the best counter to be invested.
**Fiis doubled their investment in March quarter, Diis increased it to 27%**
There will be many people who will say it's a bad stock but keep in mind general public only owns 5-6% of stock share.
Investments in this stock will require a lot of patience but it will reward you in future very well.
PNC INFRA Possible Channel Breakout in ONE DAY CHART PNC INFRA Possible Channel Breakout in ONE DAY CHART
PNC InfratechPlease trail stop as always. Respect the market and the analyst. Do your own research before trading.
Long bcoz of coming infra boom expectedPnc infra is fundamentally strong company with good fundamentals
Felt it should be beneficiary of infra spending in budget ROADS HIGHWAYS etc
Waiting for the BO
PNC Infratech Positional View !!!PNCINFRA : cmp: 268.55
A pole and flag kind of pattern has been formed in daily chart and on the verge of a breakout.
Good to grab on dips.
Possible TGT 336.
Shottrm TGT 286
Accumulation range : 256-268
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
PNCINFRA for day trading and short termWatch PNCINFRA today for the trendline BO for the immediate target of 289.
If moves above 290(watch for DCB) it can further give a good move for the short term.
PNC Infra..flag pattern High probable tradeRight now stock is in the consolidation phase with falling volume !! Forming flag pattern
weekly rsi abv 60 ,,daily rsi taking support at 60
Relative strength showing strength!!!
Support @21 ema.
target Fib level
stoploss 225
#PNCINFRA Triangle BO#PNCINFRA Triangle BO above 188 zone on Weekly chart with huge volumes. Most likely to touch the black trendline around 210 to give further BO.
Will go Long below 177 for 10% return on capitalWill go Long below 177 for 10%return on capital with SL of 170.
Minimum R2R of 1:2.5 to 1:3.
According my my observations, this level was being accumulated for a very long time.
PNC Infratech BullishBreakout in Resistance. Stoploss will be 169 closing on Daily candle. Targets can be 220
Cup & Handle breakout PNC InfraPNC INFRA at 198 !!
Weekly Cup & Handle breakout above 210, View negated below 180 !
buy PNC INFRA for good short term profitsPNC looks strong technically.
price above moving average crossover and upward trend is seen in the stock.
can expect good short term rally.
