PFC closes at $ 211.30 with a fall of -0.90% on 16 July 2011 with formation of Black Spinning Top Candle on Daily Price Chart .Technically, PFC is overbought on charts. W%R & RSI is in extremely OverBought Levels. Twiggs Monely Flow turns negative on Daily Price Chart.
We Recommend to SELL - PFC at CMP
Target- $ 206.80/191/156
Stop-Loss – $ 221.85
Time Frame- 10-30 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .
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