28-08-2024 10:48 AM | Source: Religare Broking
Stock of the day : Power Finance Corporation Ltd For Target Rs. 570 - Religare Broking

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Power Finance Corporation Ltd

* The stock has registered a decisive breakout from the intermediate falling resistance trendline with strong volumes.

* It has also formed a fresh buying pivot by holding above its short term moving average i.e. 20 EMA.

* Following price action and uptick in volumes, price is set to reclaim new high.

* Traders can consider longs in the mentioned range.

 

Buy Power Finance Corporation Ltd CMP 536.05 Range 533-537 SL 520 Target 570

 

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