Stock of the day : Power Finance Corp Ltd. For Target Rs.470 - Religare Broking
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Power Finance Corp Ltd
* PFC witnessed a strong rally last year with gradually rise in volumes.
* After hitting all time highs, it witnessed profit taking and seen trading in consolidation range.
* It has registered a breakout from the elevated base with strong volumes, while holding above its short term moving average.
* Traders can consider fresh longs in the mentioned range.
Buy Power Finance Corp Ltd. CMP 441.55 Range 441-443 SL 428 Target 470
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