skandha1986

PFC – Head n Shoulder breakdown – 20% downside potential

Short
NSE:PFC   POWER FINANCE CORP
PFC seems to be giving head and shoulder pattern breakdown at 390 support zone.
If sustains below 385 for 4 hrs then we may see further downside.
Target : 370 (immediate), 305 (positional)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.