Paras_gujjar

PFC (15year breakout)

Panjang
NSE:PFC   POWER FINANCE CORP
( Price breakout still to come but will for sure from now )
PFC on verge of 15Year pattern breakout as the stock formed symmetrical triangle pattern on larger time frame here it is 3m as to fully accommodate the chart on screen. Now PFC looks strong as :

CMP 154
TGT - ATH later trail SL
Calculated target 300+
SL below 130

Other buy factors:
Low PE
Increased FII Holdings
Decreased public holdings
High book value
Constant promoter holdings
Good potential 🙂

Note : Just an idea not any personal recommendation for the stock mentioned its just for education purpose.
Penafian

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