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16-05-2024 11:52 AM | Source: Religare Broking Ltd
Stock of the day : Power Finance Corporation Ltd. For Target Rs.465- Religare Broking

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Power Finance Corporation Ltd.

* We are seeing decent traction in the power related stocks and technically PFC is offering fresh buying opportunity.

* The stock has rebounded swiftly finding support around the neckline of the inverse head and shoulder pattern.

* Also, which coincides with moving averages ribbon highlights strong support zone for the stock.

* Traders can consider fresh longs in the mentioned range.

Buy Power Finance Corporation Ltd.CMP 436.80 Range 435-438 SL 423; Target 465

 

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