𝗦𝘁𝗼𝗰𝗸 𝗣𝗶𝗰𝗸𝘀 𝗳𝗼𝗿 𝗝𝘂𝗻𝗲 𝟱, 𝟮𝟬𝟮𝟲: 𝗣𝗙𝗖 𝗮𝗻𝗱 𝗔𝗲𝗾𝘂𝘀

𝗦𝘁𝗼𝗰𝗸 𝗣𝗶𝗰𝗸𝘀 𝗳𝗼𝗿 𝗝𝘂𝗻𝗲 𝟱, 𝟮𝟬𝟮𝟲: 𝗣𝗙𝗖 𝗮𝗻𝗱 𝗔𝗲𝗾𝘂𝘀

Bajaj Broking Research issued buy recommendations for Power Finance Corporation and Aequs on June 5, 2026.

Power Finance Corporation

• Buy between ₹418 and ₹428
• Target price: ₹469
• Expected return: 11%
• Stop loss: ₹398
• Time frame: 1 month
• The stock broke above the falling trendline from the last two months
• Buyers returned near the support zone at ₹405 to ₹415
• This zone matches the 200-day EMA and past trendline support
• The daily stochastic indicator flashed a buy signal
• The ₹469 target equals the 80% retracement of the drop from ₹486 to ₹408

Aequs

• Buy between ₹180 and ₹183
• Target price: ₹210
• Expected return: 15%
• Stop loss: ₹169
• Time frame: 1 month
• The stock remains in a strong uptrend
• The past two weeks brought a price drop to the major support zone
• The support zone at ₹176 to ₹180 matches the previous low, 50-day EMA, and 38.2% Fibonacci retracement of the climb from ₹114 to ₹223
• The ₹210 target equals the 80% retracement of the recent pullback from ₹223 to ₹177
• The 50% Fibonacci level at ₹169 acts as key support
• The daily stochastic indicator sits in oversold territory after the recent drop

These recommendations come from Bajaj Broking Research. They do not represent the views of The Times of India.