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#LONG: Multi-year Breakout in POWER FINANCE CORP

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POWER FINANCE CORP (NSE:PFC)  
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NSE:PFC   POWER FINANCE CORP
Trend Analysis Chart Patterns PFC
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trendanalysis chartpattern pfc
The scrip was trading below multi-year resistance trend line since 2008.It gave a breakout from the trend line in Mar,23. It formed a large bullish candle on a monthly time frame returning 12% in Apr'23 and nearly 35% in last 3 months. The Stock rose nearly 3.40% today hitting ATH which is also a 10-Year High.

Stop Loss: 189 (daily closing basis)

Potential:44%
Time period: 3-6 months(Expected)
Komen:
Target 1 achieved today!!!!!
Komen:
2nd target too achieved on 8th Sep'23!!

44% profit before completion of two months from date of entry.
Komen:
Kindly ignore previous comments..

2nd target achieved on Muhurat trading day!!
Penafian

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