Top Stock Picks for June 5, 2026: Power Finance Corporation and Aequs
Top stocks to buy today: Stock recommendations for June 5, 2026 - check list
Image: The Times Of India
Bajaj Broking Research recommends Power Finance Corporation (PFC) and Aequs as top stocks to buy on June 5, 2026. PFC is expected to reach ₹469, while Aequs is projected to hit ₹210, with both stocks showing positive momentum.
- 01Power Finance Corporation (PFC) is recommended for purchase in the range of ₹418-428, targeting ₹469 with an expected return of 11%.
- 02PFC's recent buying demand emerged from a key support area of ₹405-415, indicating a potential breakout.
- 03Aequs is suggested for buying between ₹180-183, targeting ₹210 for a 15% return.
- 04The stock Aequs is currently at a critical support level of ₹176-180, which includes the 50-day EMA and Fibonacci retracement.
- 05Both stocks show strong technical indicators, with PFC's daily stochastic generating a buy signal and Aequs approaching oversold territory.
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On June 5, 2026, Bajaj Broking Research has highlighted Power Finance Corporation (PFC) and Aequs as top stock picks. PFC is recommended for purchase within the range of ₹418-428, with a target price of ₹469, reflecting an anticipated 11% return. The stock is poised for a breakout above its recent trendline, having found support at ₹405-415, which aligns with its 200-day Exponential Moving Average (EMA). Meanwhile, Aequs is suggested for buying between ₹180-183, with a target of ₹210, indicating a potential 15% return. Aequs has recently tested significant support levels, including the 50-day EMA and a Fibonacci retracement level, suggesting a resumption of its upward trend. The technical indicators for both stocks support a positive outlook, with PFC's stochastic signaling a buy and Aequs showing signs of a pullback from oversold conditions.
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Investors looking to diversify their portfolios may find opportunities in PFC and Aequs, potentially enhancing their returns in the current market.
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