Bajaj Broking Research has identified Power Finance Corporation (PFC) and Aequs as the top stocks to buy today, June 5, 2026. The recommendations come with specific buy ranges, targets, and stop-loss levels for a one-month holding period.
Power Finance Corporation (PFC) Buy Recommendation
Investors are advised to buy PFC in the range of ₹418-428. The target price is set at ₹469, offering a potential return of 11%. The stop-loss is placed at ₹398. The stock is on the verge of a breakout above a falling trendline that has connected the highs of the last two months, presenting a fresh entry opportunity. Buying demand has recently emerged from the key support zone of ₹405-415, which coincides with the 200-day exponential moving average (EMA) and a trendline support from previous highs. This indicates a change in polarity, as the previous resistance has turned into support. The stock is expected to move towards ₹469 in the coming month, which represents the 80% retracement of the previous decline from ₹486 to ₹408. The daily stochastic oscillator has generated a buy signal by moving above its three-period average, validating the positive bias.
Aequs Buy Recommendation
For Aequs, the recommended buy range is ₹180.00-183.00. The target is ₹210, implying a 15% return, with a stop-loss at ₹169. The stock is in a strong overall uptrend, and the corrective decline over the last two weeks has tested a major support area, offering a fresh entry point. The stock is currently at the key support zone of ₹176-180, which is a confluence of the previous major low, the 50-day EMA, and the 38.2% Fibonacci retracement of the prior rally from ₹114 to ₹223. Going forward, the stock is expected to resume its upward move and head towards ₹210, the 80% retracement of the current breather from ₹223 to ₹177. On the downside, key support is at the 50% Fibonacci retracement level of ₹169, which the stock is expected to hold. The daily stochastic has approached oversold territory after the recent decline, suggesting a potential pullback in the coming sessions.
Disclaimer: Recommendations and views on the stock market, other asset classes, or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India.
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