Power Finance Corporation (Weekly)

Technical Analysis Trend: Long-term uptrend earlier, now in correction. Structure: Breakdown from ₹440–450 support → now forming base near ₹350. Support: ₹350 → ₹330. Resistance: ₹410 → ₹440. Bias: Neutral until reclaims ₹410. Fundamental Analysis Key PSU NBFC funding power & infrastructure sector. Stable earnings, strong dividend payout. Asset quality largely stable due to sovereign-backed exposure. Valuation remains attractive relative to earnings. Summary: Fundamentally strong but technically in consolidation.