POWER FINANCE CORP.:HOLD OR START TRADE
Dear Mahesh Ji
Please I am sending this request 2nd time to you.
Please tell, what will be the next action for Power Finance Corp.
I am holding PFC 400 Nos @ Rs. 249.
Soumen Mallick Kolkata
1. Power Finance Corp is a 10 rupee face value stock.
2. 52 week high of power finance corp. is 383 and 52 week low 168. CMP 178 is near his 52 week low and technically very weak situation.
3. Book value of power Finance Corporation is 108.20 so I think current price 178 is not cheap and value buy.
4. Promoter holding of power Finance Corporation is 89.78 % and FII holding 3.62% DII holding 3.03% so near about 4 % stocks hold by general public so this is good sign because when big players make news base demands than this stock run very fast.
5. I think selling of your stocks is not a good idea this time, hold your stocks for some time and if a rally come in our market (as I assume in 200 DMA genius blog) then sell 50-50-50 stocks at every rise and try to again buy it below 160 in next fall but if you are not able to trade so smart then just hold and wait for 1-2 year.
6. I have no any stock of power finance corp. ltd.
हिन्दी वेबपेज आफ महेश कौशिक डाट कोम
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