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Vibhu Jain

23rd Mar · SEBI-Registered Analyst

PFC

Power Finance Corporation Ltd’s performance during the week ending 20 March 2026 was characterised by a constructive technical breakout, a positive rating revision, and strong intraday rallies, offset by a midweek correction amid broader market weakness. The Golden Cross formation and bullish daily and weekly indicators suggest a potential shift towards sustained upward momentum. While mixed monthly technical signals and volume trends counsel caution, PFC’s robust long-term returns and large-cap stability provide a solid foundation. Investors should monitor key support and resistance levels in the near term to gauge the durability of this emerging bullish trend.

#TechnicalViews
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