Stock in Downtrend: Power Finance Corporation (PFC)
PFC has been in a downtrend for some time.
560 level has been the key resistance which was not able to break on several occasions.
The next strong support is around 480 levels.
If the 480 support is broken, we can expect a further fall.
We can retain the stock as long as 20EMA is above 50 EMA.
However, volume (SELL) keeps falling, which may indicate a good sign.
560 level has been the key resistance which was not able to break on several occasions.
The next strong support is around 480 levels.
If the 480 support is broken, we can expect a further fall.
We can retain the stock as long as 20EMA is above 50 EMA.
However, volume (SELL) keeps falling, which may indicate a good sign.
Note
PFC has just broken the key support level of 480 with volume.
The next support level is around 454.
Forthcoming sessions are significant in deciding the trade directions in PFC.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.