PFC trade ideas
PFC - Potential C&HA darling of many people who like buying PSU's and highly recommended by several analysts as well.
The stock looks like it could complete a c&h pattern and breakout. Buy only above marked price.
Additionally don't buy in one go but slowly coz its a stock in a stressed sector and failure is very possible.
So as it moves 5% up keep adding would be something i would look to do instead if going in all in 1 go.
Currently only a watch list stock.
Shorting opportunity PFC 1H time frame.Shorting opportunity PFC 1H time frame.
Reason.
1. RSI divergence
2. Price made higher high and touched upper resistance line.
Target 1st 122.80 and second 121.35.
PFC Chart AnalysisPFC
Every thing is mentioned on the chart.
Analysis is for educational purpose only. Do your own research / or consult your financial adviser before taking a decision.
Take care & safe trading...!!!
PFC, Idea for Profit 30-Dec 2019PFC is close to breakout of major resistance level of 116. If this level is crossed tomorrow and sustained, PFC can go to 118/119 levels intraday.
Long ( Continuation pattern)This one is moving up for one more move up , One can wait for daily reversal for safe entry and look to book near the forecast
PFC Long - Volume breakoutPFC about to break long term trendline resistance. After breakout it can move higher to 136.
POWER FINANCE CORP (PFC) DAILY - LONG1) Bullish Cypher pattern
2) Near upward trend line
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3) RSI showing bullish divergence
4) RSI near Oversold level
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1st Target 108-110
2nd Target 118-121
SL @82
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Note : This study for educational purpose only.
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Twitter - @bagade_arvind
PFC KEEP SL @ GIVEN POINT FOR SAFE TRADE
RISKY TRADERS CAN USE 94 AS SL AND IF NEEDED KEEP TRAIL TO SAFE ZONE
PFC (Power Finance Corporation Limited) BUY ABOVE 98.5PFC (Power Finance Corporation Limited) BUY ABOVE 98.5
