UnknownUnicorn19608572

POWER FINANCE CORPORATION - DAY CHART - 05.01.2023

NSE:PFC   POWER FINANCE CORP
POWER FINANCE CORPORATION as per Day Chart Analysis Stock

ABOVE 158 TARGET 162.

Today being an weekly expiry day, there had considerable sell off from FII by 1449.45 Cr and surprisingly DII was also a net seller by 194.09 Cr.

Nifty 50 has a good support at 17835 / 17771
Bank Nifty has a good support at 41951.

So lets see whether these support levels helps the nifty and bank nifty to bounce back.

Normally Friday is often considered to be a profit booking day and considering two days of sell off. There might be a brief consolidation at these support levels by tomorrow.

So lets see how this week ends... Happy Profitable Trading to all...
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