Investors seeking strategic stock picks for June 5, 2026, should consider Power Finance Corporation (PFC) and Aequs, as recommended by Bajaj Broking Research. These stocks are poised for potential gains based on technical analysis.
Power Finance Corporation (PFC)
Power Finance Corporation (PFC) is currently trading in the range of ₹418-428. The stock is nearing a breakout above a falling trendline, which has been forming over the past two months. This breakout offers a fresh entry opportunity for investors.
- Support Level: ₹405-415, confluence of 200-day EMA and trendline support
- Target Level: ₹469, 80% retracement of previous decline (₹486-408)
- Technical Indicator: Daily stochastic has generated a buy signal
"PFC's technical indicators suggest a positive bias, making it an attractive buy," says a Bajaj Broking Research analyst.
Aequs
Aequs is in a strong uptrend, with recent corrective declines testing major support areas, providing a fresh entry opportunity.
- Support Level: ₹176-180, confluence of previous major low, 50-day EMA, and 38.2% Fibonacci retracement
- Target Level: ₹210, 80% retracement of current breather (₹223-177)
- Technical Indicator: Daily stochastic is in oversold territory, indicating a likely pullback
Comparative Analysis
| Stock | Current Range | Support Level | Target Level | Technical Indicator |
|---|---|---|---|---|
| PFC | ₹418-428 | ₹405-415 | ₹469 | Buy signal on stochastic |
| Aequs | ₹180-183 | ₹176-180 | ₹210 | Oversold stochastic |
Both stocks are positioned well for potential upward movement, with technical indicators supporting a positive outlook. Investors should consider these recommendations as part of their strategic portfolio decisions.
The next milestone for these stocks will be their performance in the coming month, as they approach their respective target levels.
