2024-09-04 11:03:32 am | Source: Religare Broking
Stock of the day : Power Finance Corporation Ltd For Target Rs. 595 - Religare Broking
Power Finance Corporation Ltd
* The stock recently recorded a breakout from the falling resistance trend line with strong surge in volumes.
* A follow-up buying interest can be seen in the stock after it rebounded from its short term moving average i.e. 20 EMA.
* The price action and supportive volumes suggest that the bullish tone is likely to continue.
* Traders can consider longs in the mentioned range.
Buy Power Finance Corporation Ltd CMP 559.2 Range 557-560 SL 540 Target 595
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