Poonawalla Fincorp Forming Inverse Head & Shoulder

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The stock has been in forming an inverse head and shoulder pattern since past 1.5 years and lately has broken out with some good volumes

462-469 Levels were pretty crucial but were shattered in no time

The stock has been bought consistently by the big hands.

It can rally more than 40% in no time hitting the 704 levels.

The fundamentals are however bit concerning, the profits of the company declined this year however some if good momentum prevails can rally decently

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