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By EquityPandit

MARKET OUTLOOKPFCSTOCK OUTLOOK

PFC Outlook for the Week (August 14, 2023 – August 18, 2023)

PFC closed the previous week on a negative note losing 6.90%.

Technically, PFC share price will see immediate support at 255.57 and immediate resistance would be seen at 274.67.

If PFC share price closes below immediate support of 255.57, then sharp breakdown can be seen. PFC share price will see major support at 247.08 for the week.

280.00280.00270.00270.00260.00260.00250.00250.00240.00240.00230.00230.00220.00220.00210.00210.00Jul 4Jul 4Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Aug 7Aug 7Aug 10Aug 10Aug 16Aug 16Reversal Level 259.39BuySell

On the positive side, immediate resistance will be seen at 274.67. Closing above 274.67, PFC share price will see a sharp breakout. Major resistance for PFC share price will be seen at 285.28 for the week.

Trading range for PFC share price for this week should be between 236.47 on down side and 293.77 on up side.

PFC Previous Week High: 276.8

PFC Previous Week Low: 257.7

PFC Previous Week Range: 19.1 Points

PFC share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 293.77
Resistance 2 285.28
Resistance 1 274.67
Support 1 255.57
Support 2 247.08
Support 3 236.47

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