Published on 19/05/2017 9:35:05 AM | Source: Religare Securities Ltd

Sell Power Finance Corporation Ltd For Target Rs.146.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #Power Sector #Power Finance Corporation Ltd #Trading Report #Religare Securities Ltd


Power Finance Corporation Limited

PFC, after retesting its resistance zone 170 twice, has witnessed a fresh slide and formed a fresh shorting pivot on the daily chart. All indications are in the favour of profit taking phase to extend further.

 

Recommendation

Sell Future Power Finance Corporation Limited  @158-160  Stoploss 165 Target 146 CMP 155.75

 


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