Technical Analysis Power Finance Corporation

The stock

was in a clear downtrend falling from highs near 580 down to a bottom around the 330-340 zone in early 2026. Recently it has shown a very strong sharp recovery pushing back up past the 400 level. The price is currently at 405.60. The last daily candle is bearish showing a drop of about 4.37%. After such a fast rally from the bottom to around 430 a pullback or profit-booking at this stage is a normal market reaction. Immediate support is right at the psychological mark of 400. Below that the dashed horizontal line on your chart at 362.80 is a major structural support level. It previously acted as a base and buyers will likely defend this area if the price drops further. The immediate hurdle is the recent swing high near 431.55. If the stock can break out and hold above this zone with good volume it could open the doors for a move toward the 460-480 levels. There was noticeable buying volume during the upward rally which is a positive sign of accumulation. You'll want to watch the volume on these red days if the selling volume stays low during the pullback the bullish reversal remains intact. PFC is trying to reverse its long downtrend into a new uptrend. It is currently taking a breather after a strong run. Watching how the price reacts around the 400 support level over the next few trading sessions will give a clearer picture of its next direction. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.