POWER FINANCE CORP - INSIDE BAR PATTERN

POWER FINANCE CORP #PFC

- SIDEWAYS; INSIDE BAR PATTERN
- TAKING RESISTANCE FROM 100EMA

INDICATORS:
RSI - AT 50-LEVEL; SIDEWAYS
TT2 TREND - BULLISH IN 30MINS & DAILY TF
CDV - POSITIVE!!

AS PER INSIDE-BAR PATTERN STRATEGY:
1. BUY IF 88.50 IS BROKEN
TSL 84.50 OR SL 100EMA
TGT - 89.55/91.5/93.5

2. SELL IF 84.50 IS BROKEN
TSL 80.50 OR SL 100EMA
TGT - 82.8/80.5/79.5

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH VOLUME AND FOLLOWUP CANDLE MUST SHOW CONVICTION!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.