Stock gives breakout of symmetrical triangle on weekly timeframe . CMP : 159 Target : 191 Stoploss : 130 This is not a buy or sell call, this analysis is shared for educational purpose.
price has failed to sustain trendline breakout, now price needs to found a good support zone before resuming uptrend. trade- short opportunity below candle low
Beauty of this chart is that it is giving a breakout of 8 years. (Yet to give) Monthly RSI / Weekly RSI above 60. Daily RSI shall follow. Stock has capacity for targets up to 250 levels. Stock is showing good volumes also. A preferred entry will be a after breakout and retest.
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.
Look like very good monthly candle and good for long term opportunity and if closes above 159 make good move towards its all time high and looks like good accumulation up to 140 and maintain stoploss of it.
POWER FINANCE CORPORATION as per Day Chart Analysis Stock ABOVE 158 TARGET 162. Today being an weekly expiry day, there had considerable sell off from FII by 1449.45 Cr and surprisingly DII was also a net seller by 194.09 Cr. Nifty 50 has a good support at 17835 / 17771 Bank Nifty has a good support at 41951. So lets see whether these support levels helps the...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
POWER FINANCE CORPORATION as per day chart analysis STOCK ABOVE 158 TARGET 162 Happy Profitable Trading to all...
Power finance corp ( PFC) multi-year channel breakout. High divided paying company too. CMP:156. Sl:135(wcb)..target: open
this is a perfect breakout out of the pattern by PFC... Great for long term investment.
monthly pattern if you notice the triangle range is narrowing down a breakout from the trendline can give good returns a long term idea and the middle red horizontal line is a good monthly support investment can be down slowly in tranches
PFC 140 PE & 135 PE Monthly expiration in January. 1 week is the holding period. It was now in a reversal zone. Keep an eye on it. Profit can be booked as needed. Trade with your own analysis
Power Finance Corp. is in the upper trend line resistance area. Please wait a break out for a new entry or bearish pattern to exit the trade.
Hey traders PFC has given breakout on W time frame with good volume. Fundamentally strong stock with high yeild dividend. Keep on radar to catch good move in short term. Thank you.
PFC (M):- Looking good for a 190 target with volume only above 154. PFC, if there is a breakout over 154 with strong volume and it breaks the 2010 resistance trend line, then it will be a terrific opportunity to earn a tonne of money, so keep a watch on PFC.
The stock has been in a channel since its inception. It has a huge potential toward upper side if it breaks upwards.
After Rec ltd Stock is headed for massive breakout Stock can move big this week