PB Fintech Ltd, popularly known as Policy Bazar is India’s largest online platform for insurance and lending products through its flagship brands - Policybazaar and Paisabazaar platform through which they provide convenient access to insurance, credit and other financial products.
PB Fintech also formed a long bullish candle on the daily charts with healthy volumes as the stock gained 10.6 percent at Rs 577, the highest closing level since August 16 last year. Also, the stock has seen a decisive breakout of a long downward-sloping resistance trendline adjoining highs of November 17, 2021, and February 13, 2023, and climbed above all key moving averages.
These all shows a positive momentum in this stock, it looks good from here we can expect a rally towards 700+ levels, so if anyone wants to take swing position can go ahead, with given levels on chart.
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