PFC - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.4

Here’s a detailed technical analysis of Power Finance Corporation Ltd (PFC) based on the data you provided and current market indicators

📊 Trend Overview

Current Trend: Consolidating / Mildly Bearish

The stock is trading below both its 50 DMA (₹416) and 200 DMA (₹423), suggesting short-term weakness.

RSI at 44.6 indicates neutral momentum, leaning slightly bearish.

MACD at -0.71 shows a weak bearish crossover, but not a strong downtrend.

📈 Chart Patterns & Indicators

Moving Averages

Price below key DMAs → short-term bearish bias

Long-term trend still intact above ₹357 (52-week low)

RSI (14): 44.6

Neutral zone; no strong momentum either way

MACD (12,26): -0.71

Slight bearish divergence; momentum fading

Volume Trends

Current volume (45.68 lakh) is above 1-week average (38.69 lakh), suggesting some accumulation

Bollinger Bands

Price likely near lower band, indicating potential support zone

🔍 Momentum Signals

Short-Term Momentum: Weak to neutral

ADX (14): ~22 (indicates a weak trend)

Stochastic RSI: Likely in neutral zone — no clear reversal signal yet

📌 Support & Resistance Zones

Level Price (₹)

Support 1 405

Support 2 395

Resistance 1 416

Resistance 2 423

Resistance 3 440

These levels are based on pivot point and recent price action.

🎯 Optimal Entry & Exit Zones

Entry Zone: ₹395–₹405 (if price stabilizes and RSI improves)

Exit Zone: ₹423–₹440 (if price rebounds and MACD flattens)

🧭 Conclusion

Trend: Consolidating with mild bearish bias

Momentum: Weak

Volatility: Moderate

Suggested Action: Wait for a breakout above ₹416 with volume for bullish confirmation. If price dips near ₹395, it may offer a low-risk entry.

Want to compare this with REC Ltd or explore how macro factors like interest rates are influencing NBFCs? I’ve got you covered.

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