Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Tech Query: Bharti Airtel, Power Finance Corporation (PFC), REC, Alkyl Amines Chemicals — What is the outlook? Where are these stocks headed?

We look at the prospects of Bharti Airtel, Power Finance Corporation (PFC), REC, Alkyl Amines Chemicals

Tech Query: Bharti Airtel, Power Finance Corporation (PFC), REC, Alkyl Amines Chemicals — What is the outlook? Where are these stocks headed?

Bharti Airtel's stock has shown a downward trend since November 2025. A recent bounce from the low of ₹1,726 in September is significant as it occurred just above the key support level of ₹1,700. If Bharti Airtel shares can break above ₹2,030, the outlook could turn bullish again and potentially reach ₹2,500 in the coming months.

Accumulators can buy at the current price, with a stop-loss set at ₹1,660. As the stock climbs to ₹2,140, the stop-loss should be moved higher to ₹2,010, and further to ₹2,180 and ₹2,320 when the price reaches those levels. The target for exit is ₹2,500.

Power Finance Corporation (PFC) has fallen below ₹360, which is a bearish signal. If the stock manages to stay above the ₹305-₹300 support region, a sustained rise above ₹370 is required to alleviate downside pressure. In such a scenario, Power Finance Corporation (PFC) share price might experience a brief relief rise to ₹430-₹460.

As long as PFC remains below ₹370, there is a risk of breaking below ₹300, potentially taking the share price down to ₹260-₹250 or even lower. The price action does not indicate a clear signal for the stock to surpass ₹370 from the current position. Exiting the stock and accepting the loss appears to be the prudent course of action.

REC Ltd shares have been in a strong downtrend for over two years with no signs of a reversal. The stock could fall further to ₹250-₹245, and a significant bounce above ₹400 may be necessary to trigger a corrective rise to ₹300 or even ₹350. The resistance zone between ₹380 and ₹400 is crucial for REC Ltd share price to rise above. However, a strong upward movement seems unlikely and would require a compelling positive trigger. Exiting the stock and accepting the loss at this point would be advisable.

Alkyl Amines Chemicals, previously bought at ₹3,985, is now in a substantial loss position. It is always recommended to have a stop-loss in place to minimize losses and avoid getting trapped in a wrong trade for an extended period. With the stock nearly at the top and the trend down for the last five years, a strong rise above ₹2,200 would be needed to change the outlook to bullish.

Only then could the price potentially move up to ₹3,000 and beyond. However, such a significant rise appears unlikely at present. Exiting the stock and accepting the loss is the recommended course of action.

Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thehindubusinessline.com →

More in Finance & Markets

SAP: 3 Key Takeaways for Long-Term Investors

Data privacy commitments are becoming a structural competitive moat as enterprise clients embrace AI automation.

  • SAP reported first-ever quarterly revenue of over 10 billion euros
  • Services revenue decreased by 5% year-over-year
  • SAP protects customer data by processing information locally

More from Saturday 24 October →