PFC trade ideas
PFC (15year breakout)( 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.
PFC FRESH BREAKOUT !!!Hello to everyone
The price consolidating in tringle from last 12 years and given fresh breakout towards the upside, also retested in lower timeframe. Chart looking strong in all time frames. Its good opportunity as an investment point of view. Expecting good upmove towards the upside.
#PFC
👉PSU Stock on radar.✅
👉12 years triangle consolidation.📈📉
👉Big upmove possible as investment
👉Support at 130
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
PFC Positional View Weekly Analysis @ 09-01-2023After 16 Years Strong Breakout in Power Finance Corporation in Weekly Time Frame With good Volume
I Shared what i Seen in Chart, hope this helps You in Learning, I am Expecting 2X to 3X Moment From Now in PFC
Thank You Universe 🙏🙏🙏💐, Thanks to all my Teachers....🙏🙏🙏💐
PFC looking strong.Entry / Compounding / Averaging in PFC can be done after closing above 138 closing. The target for PFC will be 142, 148. Long term target in the stock will be 153. Stop loss in the stock can be maintained at a closing below 122.
The Dividend yield of the stock is staggering 9.2% at CMP. Valuation of the stock is affordable as the stock is trading at a PE of 2.5.
The negative aspect of the company is that MFs have decreased their stake off late and the net cash flow of the company is decreasing.
The positives of the company are that FIIs are increasing stake. As mentioned dividend yield has historically been very high for PFC. Net Profit of this PSU is increasing since last 2 years.
PFC - Supply at 135 and Demand re-appeared at 100 in Jul'22Context
Price has held above 100 even though volume dropped
Up from May'20 to Oct'21 met supply at 135
Demand re-appeared at 100 in Jul'22
Plan -
to Purchase Breakout above 135
or, rejection indications near 90
PB 0.4x
PE 2x
DE 10x
ROCE 9%
Div 11%