Stock in Downtrend: Power Finance Corporation (PFC)

6 days agoPFC 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.