[Positional] PVR nested inside bars

Wait for a candle to close outside the triangle on long or short side and next day, buy when that particular candle is broken.

Target and SL will be posted when trade triggers
Trade active: Short triggerred : 877.45, SL 902
Comment: target achieved... keep TSL or exit


The range is getting narrow, I will simply sell below 890 and buy above 920.
+1 Reply
dixitnahar mayanksardana
@mayanksardana, yes, i agree with you. the triangle formation is there, but it is small. i am looking for a breakdown tomorrow.
mayanksardana dixitnahar
@dixitnahar, Yeah, long term charts suggests 700-600 range.
dixitnahar mayanksardana
@mayanksardana, yes..those levels seems sure to come...the question is when?
bankerrahul dixitnahar
@dixitnahar, @mayanksardana there are higher chances of it breaking down since theaters are closed and PVR literally has no income even if lockdown is lifted, they wouldn't earn much since nobody would want to go watch a movie si it'll be a trade if this triangle is broken by this week... or no trade until next week :)
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out