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PFC technical charts , Stock looking bullish above 247.


POWER FINANCE CORPORATION (PFC)




  • PFC moving up from 50% fibonacci retracement in monthly chart, this indicates as long as stock holds above stock will favor bulls.
  • Stock also indicates stock is moving up from 200 DMA , as per technical charts as long as stock holds above 200 DMA stock to favor short-long term bulls.
  • Close watch now MACD indicator turned +ve this indicates we can see some price rise in coming days. As per daily chart stock is now facing 23.6% fibonacci retracement resistance around 247, once stock closes and stays above 247 then further strength is expecting in coming days.
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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

.