Long

( Swing )-----#PVR------Buying at Discount

Updated
3Stock- PVR ( Weekly chart )
Date- 12-dec-21
Sector- Movies| Entertainment

Levels To Watch ...

Buy - 1465 ( Trendline Support )
1st Target - 1593 ( Resistance Line )
2nd Target - 1809 ( Resistance Line )
Strict Stoploss - 1282 ( below Support Zone )

R:R - 1:2 ( Decent Ratio )
Time Frame - Few weeks to 1-3 months

Things In Our favour

1- Trendline Support
2- Fake Breakdown & then revert back means more power
3. Range BO in Daily chart
4. History is repeating as shown in the Yellow range
5. Volume support


Disclaimer:-

All My ideas are for Educational purpose Only & not a Buying or Selling recommendations . Levels are given for tracking only , I'm Not SEBI Registered Analyst .Please consult your Financial Advisor before taking any trades .

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ReviveTraders
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