The bullish harami cross pattern has been formed on the daily chart of Pidilite Industries. The stock is in a downtrend and this candlestick pattern formation gives a clear idea of the stock getting to be bullish. The swing or positional trade can be initiated accordingly.
Trade Plan:
Buy Above 1448
Stop-Loss: 1385
Target: 1535, 1584, 1712
This analysis gives you the idea about a swing trade opportunity in Power Finance Corporation Limited (PFC) stock on a weekly chart. The breakout is still about to happen. Either the stock is going to break the level of 90.55 and reach 104.75 (Approx. 16% upside move in short time) or it may face resistance at this level and may come back to 74.5 (Approx. 17%...