PFC(Power Finance Corporation Ltd.) and REC(Rural Electrification Corporation Ltd.) both have gone through their own bear markets. That process is now over. Now whether they go quickly or whether they move up slowly - that’s a different issue but both these stocks should be on the radar of traders where you should be looking to buy it on dips. Buy it after breakouts from a consolidation. Don’t go short in it. At this point PFC is a buy because it is just breaking out again above Rs 170; similarly for REC.
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good recommondation indeed. Thanks.