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PFC Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock facing strong support at current levels, Weakness expecting if PFC closes below it support zone. (Updated On 08th August 2014, Friday).


PFC





  • PFC is moving in a down channel formation in daily chart, this indicates as long as stock trades in between this channel, if will favor bears.
  • Daily chart also indicates stock is currently facing strong 38.2%  fibonacci retracement support zone around 257, if stock closes and stays below then further weakness is expecting in PFC for next 1-2 trading days.
  • By looking fibonacci retracement from other point of view as shown in chart no 3, it also indicates the same that stock is facing strong support around 257, as long as holds above chances are high stock can move up, but closes below then stock will be in bears grip.
  • Stock major trend indicator MACD is still moving in negative zone, this indicates further weakness. If stock falls from current levels then will find next strong trend line support around 242 (as shown in graph no 4).
  • Click here to see all the free trading reports (tips) published by us on PFC.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.