PFC chart
-
F&O Strategy: PFC: Calendar bull-call spread
The outlook for the stock of Power Finance Corporation (PFC) (₹465.95) appears bright. If the current bullish trend sustains, it has the potential to create a new high. The nearest resistance is at ₹544. Immediate support is at ₹433 and ₹361. A close below the latter will change the positive outlook. We expect the stock to sustain the bullish trend.