Power Finance Corporation Ltd - Price Action Analysis 1D

Price is still respecting a rising trendline since Dec 2025.
We have 1st Support → 2nd Support → 3rd Support all holding. This means buyers are stepping in at higher levels each time.
Last 3 Months - What Happened ?
May Peak: Went up to ₹475+ and rejected hard.June-July Drop: Downtrend from 475 to 400. Lower highs forming.
Now: Bouncing from 3rd Support trendline at ₹400-₹405 zone
Key Levels Right Now
Support: ₹400 - ₹405. This is the rising trendline. 3rd touch.
Very important. If this breaks, next support is way down at ₹360.
Resistance: ₹433 - ₹445.
Volume: "Volume Generation" noted near current level. Volume picked up on the bounce from 400. That's a good sign - buyers are coming back.

What Price Action is Telling Us ?
This is a "Hold or Break" zone.Bullish Case: As long as ₹400 holds, the long-term uptrend is intact. A move above ₹420 with volume can take it to ₹440, then retest ₹460.

Bearish Case: Daily close below ₹400 breaks the 8-month trendline. That would trigger selling to ₹380 → ₹360.