Power Finance Corporation (PFC) is setting up for a potential technical bounce, with RSI(14) near 34 and StochRSI at 0 plus Williams %R around -98, all indicating deeply oversold conditions and selling exhaustion. Price is sitting just above clustered pivot supports in the ₹410–412 zone, which offers an attractive area for contrarian longs with a tight stop slightly below ₹410. A move back above the short-term moving averages around ₹414–418 could open a short-term upside towards ₹425–430, giving a favourable risk–reward profile for buy-on-dip traders.
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