VVVfV

PFC - Supply at 135 and Demand re-appeared at 100 in Jul'22

VVVfV Updated   
NSE:PFC   POWER FINANCE CORP
Context
Price has held above 100 even though volume dropped

Up from May'20 to Oct'21 met supply at 135

Demand re-appeared at 100 in Jul'22

Plan -
to Purchase Breakout above 135
or, rejection indications near 90

PB 0.4x
PE 2x
DE 10x
ROCE 9%
Div 11%
Trade active:
PFC - Updated analysis

Remains in the 100-120 range that has contained activity for the last 12 months

Plan ahead, to Purchase Breakout above 135
or, rejection indications near 90

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