“Recommends selling PFC futures in the ₹413-416 range with a stop loss above ₹422 and targets of ₹400 and ₹390. Despite short covering, the stock has not bounced back sharply, and price action suggests the bounce was temporary. A break in support levels increases the odds of further correction.”

Jay Thakkar’s track record: 5 graded calls · 95% CI 12–77%