This is a long term Investment Idea (Buy Only) following signals from this indicator.
Wipro has given a multifold return over the years. It is also known for paying dividends/bonus & has a solid management.
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
#Wipro #Investments #Dividends #NSE #BSE #LongTerm #GoldenStocks
Hold as big resistance is right below MARKET PRICE with 50 EMA conflux. Red Volume (selling) is reducing daily. We might see up an move gradually. Dividend adjusted stock making a great recovery.
Weekly target 206.30
Due to some negative bias the stock is punished by Gap down. But i'm expecting a small recovery for BTST
1) RSI oversold and may slightly recover from this place
2) Dividend record date is 14/07/2020 (Tuesday) hence it may attract some buyers at the dip. They providing Rs.1.55/- dividend, that is 3.20% at this price.
3) Seeing the delivery volume is confirming...
Time frame - 1 HR
Power Finance Corporation is engaged in extending financial assistance to the power sector and is a Systemically Important (Non-Deposit Accepting or Holding) Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI) as an Infrastructure Finance Company (IFC).
The major thing of attraction is the Dividend yield it provides...