Vasanth_Ravi

Is PFC breakout possible ?

NSE:PFC   POWER FINANCE CORP
After more than 620 days It had now crossed 137.5. Can it move up with the same potential or Is it a false breakout again?

Please evaluate my analysis:

On 15th (Monday) March if the bullish candle forms and closed above resistance then It will go up. If bearish candle forms then again downtrend
on 12th (Friday)Massive Increase in volumes and RSI also crossed 60 increases bullish probability…

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