2025-06-27 10:41:15 am | Source: Religare Broking Ltd
Stock of the day : Power Finance Corporation Ltd For Target Rs. 440 - Religare Broking Ltd
Power Finance Corporation Ltd
Buy Power Finance Corporation Ltd CMP 420.25 Range 418-421 SL 410 Target 440
* PFC has been consolidating for past six months, establishing a steady base in the form of ascending triangle pattern.
* Having said that, the stock is consistently making higher lows marked by rising lower trendline, indicating growing buyer strength.
* The prices now reclaiming the 200-day EMA further adds strength to the bullish outlook, with the stock possibly targeting the upper range towards 440 mark.
* Traders can consider long in the mentioned range.
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