*4800cr Turnaround:PFC*

PFC has plummeted from 169 due to LOSS of 3409cr in March quarter caused by 4479cr provision of NPAs
However, as per our estimates, PFC can report spectacular Turnaround in Q1

*Q1 NP CAN BE 1400CR VS LOSS OF 3409CR IN Q4*. This turnaround 4800 Cr possible as PFC is likely to upgrade several NPA accounts, leading to Asset quality improvement

Provision in Q1 can be as *low as 500 Cr Vs 4479cr in Q4*
_Book Value of Rs 138 means Bonus Shares Issue may be liberal_
PFC CAN DISBURSE 30,000+CR TO DISCOMS IN Q2/Q3
Appears that Q4 loss was one-time blip and PFC should report *profit in all quarters of FY18*

Can PFC make new 52 week high!

PFC ( 134.30 ) - Triangle Breakout. *Supp @ 130. *Pattern Target 143*
Abv That Extended Tgts 147 & 152.