PVR has given breakdown of a bearish pattern known as ASCENDING WEDGE.
The measured targets can be upto 1450 but 1550 is a hurdel to cross as it is supported by 200 ma on a 4 hour timeframe.
RSI is weak
MACD below the signal line.
SELL BELOW - 1610
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
The measured targets can be upto 1450 but 1550 is a hurdel to cross as it is supported by 200 ma on a 4 hour timeframe.
RSI is weak
MACD below the signal line.
SELL BELOW - 1610
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Trade closed: target reached:
Target 1 hit in intraday itself.
Godspeed
Godspeed
Comment:
Target 2 hit. Made low of 1534
