1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Power Finance Ltd

Discussion in 'Technical Analysis' started by skshah8154, Sep 3, 2014.

Tags:
  1. skshah8154

    skshah8154 New Member

    Joined:
    Jul 22, 2014
    Messages:
    4
    Likes Received:
    0
    Sir,
    I have purchased 300 shares of PFC Ltd @ 329.50 Rs.
    & stiil holding.
    please advice how long i should remain invested ?

    Thanks ,
    S K Shah
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    What was your stop loss? If 180 then you have traded with very little ROI. If not there is no support above 180.
     
  3. yankeedin

    yankeedin Responder

    Joined:
    May 3, 2012
    Messages:
    218
    Likes Received:
    90
    waited so many months,I would say put strict sl of 240
    if breaches 240 it may go to levels of 180-200.
     
    shabbir likes this.
  4. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    I think this is time to exit this stock because being in lower top lower bottom pattern from past 3 months.....it may not go more up than present price for the time being; it looks like almost on the top of 3 months trend line. plus this seems a very high resistance zone.
     
    shabbir likes this.
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    yankeedin likes this.