Looks like PFC is moving towards 432 this month, 380 seems like a good support, lets see
--> Prior Uptrend of 88% --> Consolidated for 6 Weeks with Low Volumes --> TTM Squeeze --> Fundamentally Strong PSU Stock --> Very Undervalued (P/E of 7)
Everything is given on chart 30 days trading duration
The short triggered Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my...
PFC Sustain above 258.58 more upside seen possible target for 278-313 invalide 238
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
The outperformance of this stock is likely to continue. The stock is gearing up for a ascending triangle breakout. The volume is shrinking (which is ideal during the pattern forming period and should pick up upon breakout) as the price is spending more time inside of this triangle. The stock is getting constant support from the rising trend line and 320 is the...
#PFC all-time high. Price is rising with rising volume CMP:277.30 @ 9 Nov 2023
15 YEAR long consolidation, a perfect triangle pattern on the monthly chart, with beautiful support and resistance and most important- large volumes. Though it gave BREAKOUT last month, it was facing some selling pressures. This month we got the confirmation of a long upcoming positive trend. After seeing the chart pattern the targets seem to be so aggressive...
Buy PFC around levels of 140-145 INR and SELL for 20% profit or incase you wanted to wait can SELL around at 250 levels.
Evening star pattern seems to be formed in 1D timeframe If we have a look at today's low ~275.60 level which acts as an important support level. Once this level breaks marked levels can be hit Targets will be marked levels if it breaks 275.60 level P.S: Please do your own study before trading or investing. Happy trading:)
PFC is in Strong uptrend and I'm waiting for the retracement to be over and expecting the start of the new impulse wave from the marked zone. The zone also aligns with the 61.8 fibonacci level hence adding strong confluence for the bullish trade. Expected Targets are: TP1 - 308.85 TP2 - 350
PFC is looking good for a swing. Risk: Reward - 1:3 Wait for a pullback and go with it. Entry-274 to 275/ SL-277/ Target- 266 to 267 Wizard Levels/Zones > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of the market so, kindly do your analysis to get more clarity on the market. >...
02/06/2023 PFC on monthly chart CUP pattern CMP : 190.45 If break out above 195 Target : 230-285-320 SL:180
#pfc #powerfininacecorp sell formation 3 to 5 month entry 188, 163
Price has comepleted Wave 1 and Wave 2 and now Wave 3 is in formation Accoriding to the Fibonacci Extension we have 161.80% the golden ratio at Price 290.40 So this is the expected Price to reach in the upward direction. Price has been respecting Demands and moving upward recently this is a fresh Demand formed in which Price should retrace in order to...