PFC - POSITIONAL SHORT OPPORTUNITY

16 jun 2024

SYMBOL - PFC

CMP - 510

PFC saw huge sell off on 4th June & now It is recovering & price is testing the liquidity area which is now a resistance.

I'm seeing a trading opportunity on sell side in PFC.

Shorting PFC Futures at CMP 510

I will be adding more if 535 - 540 comes & will hold with SL of 562

Targets I'm expecting are 418 - 402 & 388





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

19 jun 2024

Operación activa

CMP 495

15 rupees in profit.

23 jun 2024

Operación activa

CMP 482

28 rupees ~ 6% in profit.

3 jul 2024

Operación activa

CMP 530
Adding more here.

Avg sell price now is 520

8 jul 2024

Operación activa

CMP 548

RR is very favorable here.
Adding more quantity.
Avg Sell price now is 534 & holding with strict SL 562

9 jul 2024

Operación activa

SL 562 still protected.

11 jul 2024

Operación cerrada: precio stop alcanzado

SL reached, Trade closed.