Saturday, May 14, 2011

Power Finance Corporation(PFC)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


PFC closes with flat note on Last Day of FPO , which subscribed 4.32 times at 215.90 with formation of a Doji on daily price chart. Major momentum indicators are now entering into Bullish zone. Swing & Centre of Gravity is likely to move upward for higher levels on daily price chart.  
We Recommend to BUY& HOLD   –  PFC  At  CMP
Target- 236/247
Stop-Loss –214
Time Frame- 20 Trading Days
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