Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksShort PFC with stoploss of Rs 192: Prakash Diwan

    Short PFC with stoploss of Rs 192: Prakash Diwan

    Short PFC with stoploss of Rs 192, says Prakash Diwan of Asit C Mehta Investment Intermediates.

    July 29, 2011 / 13:50 IST

    Short PFC with stoploss of Rs 192, says Prakash Diwan of Asit C Mehta Investment Intermediates.

    Diwan told CNBC-TV18, "We would like to go short on some of the stocks and one of the stocks that I have chosen is hard hit because of interest rate scenario that we live in and that is Power Finance Corporation (PFC). It has already lost lot of ground from its recent peaks but I do expect this to continue losing out some momentum. So would like to short PFC with a stoploss of Rs 192 and target of Rs 175."

    Click HERE to know the rules and follow the score card

    first published: Jul 29, 2011 01:17 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347