PFC may test Rs 165-170: Abhijit Paul

Abhijit Paul of Alphative Advisors told CNBC-TV18, "Power Finance Corporation (PFC) is one stock which has been outperforming the recent two-week sell-off in the market. The stock has moved fairly okay into a short-term uptrend and we have a C-series of nice higher highs, higher lows which I sense will probably extend further up."

"The short-term target for the stock comes close to Rs 165-170 range and for trade like that at current price one should use a stoploss close to Rs 145," he said.

Disclosure: Abhijit Paul has no holdings in the stock mentioned today. However his clients may have their individual positions in the stock.