REMARKABLE points are the following:
- entertainment company
- the primary trend is an uptrend.
- up trend from 2013 to 2019 (in continuation)
- retracement support @903 nearby with 38.2%
- suppose, if you have seen 750 in price then fall will -64% fall from the top.
-----> Previous resistances and supports are following
Rs . 622
Rs . 750
Rs . 878
The main reason for the fall is Shut Down in India.
The quarterly result will be down(-ve) in profit because of the only shutdown.
The shutdown will release as per declared date 14 April 2020.
Conclusion: if shutdown will not extend, the stock will fire and the easy target will 1068 and 1268. above 1345 stock can be control.
Example of trade_setup(buy-in steps) :
Trade 1) -: Buy at @ 880 nearby
Trade 2) -: Buy 750 nearby
This is only an investment strategy and for only investors. Hold this position for 2months or 6months.
(Hit: best buying after 9 APRIL 2020 suggestion)
lol... earn profit from PVR stock after lockdown enjoy movie with popcorn in pvr theater with that profit
Shahrukh , salman or Anyone else ....
Everyone loves their life more than anything.
It will take people time to go back to theaters .... by then .. the stock will keep falling a little here and little there .... so cheaper prices could be seen.