 "Sensex")
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
BUY Power Finance Corporation
CMP: Rs 125.45
TARGET: Rs 145
STOP LOSS: Rs 118
The stock has given a steep correction right from Rs 168 to Rs 117 and has now been in consolidation for some time at around Rs 120. The RSI is gradually on the rise and gathering potential for an up move. The volume has been quite decent and with other favorable indicators, we anticipate the stock to run further upward till Rs 140 -145 levels.
