POONAWALLA FINCORP LTD
Long

Poonawala Fincorp back in contention

89
Entry in Poonawala Fincorp can be taken above 247.5 closing. The targets will be 282 and 303. Long term target in the company will be 340+. Stop loss can be closing below 214. Poonawla Fincorp is valuation wise little expensive stock but momentum in the stock is picking up. The company has Zero promoter pledge and FII/ FPI stake in the company is also increasing.

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