Power Finance Corporation Ltd. shares up 1.24% as Nifty gains
Shares of Power Finance Corporation NSE 1.18 % Ltd. gained 1.24 per cent to Rs 126.55 in Thursday’s trade. It hit a high of Rs 127.2 and low of Rs 124.9 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 95.42, while the 50-DMA was at Rs 116.26. 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.
