Stock of the day - Poonawalla Fincorp Ltd Target Rs. 533 - Religare Broking Ltd
Poonawalla Fincorp Ltd
Buy Poonawalla Fincorp Ltd CMP (Rs) 502.70 Range* 500-503 SL 485 Target 533

* Poonawalla has delivered a decisive upside breakout, reinforcing its constructive bullish structure while sustaining comfortably above short-to-medium-term EMAs.
* The breakout from a prolonged consolidation phase is accompanied by improving volume, validating renewed buying interest.
* Price continues to maintain a sequence of higher highs and higher lows, indicating persistent accumulation and strengthening momentum.
* Investors may consider accumulating the stock within the recommended buying range.
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SEBI Registration number is INZ00017433
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