POWER FINANCE CORP NSE:​PFC

Long PFC check chart for details

Refer chart Vijayaraghavan.K, Kovilpatti

PFC - Long...Flag Pattern and positive breakout

pfc has formed a inverse head and shoulder pattern which is a bullish pattern. can go long above 89.5 with targets of 93/104 and stoploss of 86.5

For Conservative trader - buy - 91.55, SL - 86.95, Tg - 100.

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It is turning UP after breaking previous low. Very good BUY flag pattern to enter

Most likely in 4th of some degree - 5th should see 95-100

abv 84 tgt 91 sl 82

Above 88.50 fresh upmove possible

Above 87..this stock could still continue the move even sharper...

#PFC CASH (24 JULY 2018) RESISTANCE BREAKOUT IN PFC.... CMP 77

71 to 69. Divergence seen in macd and price. Another trendline drawn for the initial resistance. Above it, 91 as next level.

looks like 69 to 71 as reversal. Seen divergence in price and macd also.

cmp - 82.40, in monthly it is has bounced from horizontal support zone. final support at 50. In weekly regular bullish divergence and morning star pattern formed. https://www.tradingview.com/x/09sTRX5M/ 1st tgt - 114, 2nd tgt - 160

We have seen very good Down trend in the formation of LL/LH from last november but now we can see buyers are coming (as per momentum) and trying to control the market also we have got our first HH so now we need a buy signal only.

PFC bounced from daily support with good momentum,We will wait for clear uptrend continuation sign for enter.

I am still looking the correction in PFC is likely to continue , one can Look for Booking profits in short trade and look for strong reversal and take reversal confirmation before entering the long