2024-05-16 11:52:00 am | Source: Religare Broking Ltd
Stock of the day : Power Finance Corporation Ltd. For Target Rs.465- Religare Broking
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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