PFC Trendline Breakout

This analysis gives you the idea about a swing trade opportunity in Power Finance Corporation Limited (PFC) stock on a weekly chart. The breakout is still about to happen. Either the stock is going to break the level of 90.55 and reach 104.75 (Approx. 16% upside move in short time) or it may face resistance at this level and may come back to 74.5 (Approx. 17% downside move).