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Rakesh Madhav CFA

2nd Feb · SEBI-Registered Analyst

Prime Focus: Consolidation Before the Next Big Move?

PFOCUS
has spent time digesting gains and is now attempting a fresh breakout with improving volumes. The price action suggests accumulation rather than distribution, keeping the broader trend intact. Technical snapshot Holding above rising 9-EMA, trend still bullish Sideways-to-up consolidation indicates bull flag structure Stochastic RSI turning up from mid-zone — healthy, not euphoric A close above ₹240–245 zone can open fresh upside Business context Strong presence in VFX, post-production, and global content services Streaming + OTT demand remains a long-term tailwind Earnings visibility improves as global media spending stabilises View: Stock is setting up quietly; momentum traders should track the breakout zone.

#TechnicalViews#FundamentalViews
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