Power Finance Corporation Ltd. shares falls 1.04% as Nifty gains
Shares of Power Finance Corporation NSE -0.92 % Ltd. slipped 1.04 per cent to Rs 85.9 in Monday’s trade. It hit a high of Rs 88.5 and low of Rs 85.75 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 96.04, while the 50-DMA was at Rs 91.05. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
