TradeCentral_IN

Breakout on weekly chart in PFC

Long
NSE:PFC   POWER FINANCE CORP
PFC has broken out of a triangle on weekly chart with decent volume. As per height of the triangle, 200 could be a conservative positional target though waiting for break of 153 would be better for entry. Only concern is that this is slightly rising formation but not so much so it could still qualify as a right angle triangle.

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