PFC - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.6

Here’s a detailed technical analysis of Power Finance Corporation Ltd (PFC)

📊 Trend Overview

Current Trend: PFC is in a mild downtrend, trading just above its 50-DMA (₹404) but below its 200-DMA (₹417), indicating short-term weakness despite long-term support.

52-Week Positioning: At 30.4% of its 52-week range (₹357 – ₹524), the stock is closer to its lows, suggesting underperformance and potential for a rebound if momentum improves.

📈 Momentum Indicators

RSI (57.3): Neutral to slightly bullish. Indicates moderate strength, with room for upside before entering overbought territory.

MACD (-0.65): Slightly negative, suggesting fading momentum. A crossover above zero would confirm bullish reversal.

Volume: Current volume (48.26L) is above the 1-week average (41.94L), indicating increased participation, possibly signaling accumulation.

📉 Chart Patterns & Moving Averages

Price Action: The stock is consolidating near its 50-DMA, with resistance at the 200-DMA. A breakout above ₹417 would confirm trend reversal.

Support Levels

₹404 – 50-DMA and immediate support

₹390 – recent swing low

Resistance Levels

₹417 – 200-DMA and short-term resistance

₹440–₹460 – previous consolidation zone

📌 Bollinger Bands

Price is near the middle band, with narrowing bands suggesting low volatility. A breakout or breakdown could follow depending on volume and sentiment.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 390–404 Near support and 50-DMA

Exit (Short) 417–420 Resistance zone, near 200-DMA

Exit (Long) 440–460 If breakout sustains above ₹420

🔍 Market Behavior

Trending: Mild downtrend, with potential for reversal.

Consolidating: Yes, price is range-bound between ₹390–₹417.

Reversing: Not yet. MACD and price action suggest indecision.

🧠 Summary

PFC is technically neutral to weak, consolidating near key moving averages. RSI supports mild bullish bias, but MACD and price action suggest caution. Traders may consider accumulating near ₹390–₹404 and watch for breakout above ₹417 for confirmation of trend reversal toward ₹440+.

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