PVR [Positional trade]

Go long if it sustains the (1025-1045) level for the targets of (1116-1135) / (1245-1263) / (1562-1590) with the intermediate resistance of 1450.
Trade active
Comment: Target 1 achieved
Comment: Target 2 achieved
Trade closed: stop reached


Great analysis. Will it continue the rally on Monday as well?
+1 Reply
rvbhatt alankar3969
@alankar3969, Didn't expecting by looking at today's rally
@rvbhatt, hey buddy, I have 100 shares of pvr at 1150 today and 200 of irctc at 1530. Can you pls advise what can I expect from them in near future lets say Next 30 days? I will greatly appreciate your help as I noticed u have a very accurate analysis, thanks
rvbhatt relievedDealer30943
@relievedDealer30943, hold on irctc, chances are there that it will cross 1600.
For PVR there is strong support @1100, if it breaks 1100 then exit from the stock, might give one upside bounce from here.
@rvbhatt, ok I see in your initial prediction on this thread that pvr will reach 1500 levels. So how soon is that? I am willing to hold till end of june if that is a possibility. Do you think it will bounce on July 1 when cinemas will open up again?
rvbhatt relievedDealer30943
@relievedDealer30943, 1100 is the stoploss, else trail the trade.
@rvbhatt, PVR is now trading below 1100 ... what is the major support now... I think a breakout is failed...whats ur view still do you think PVR will move to 1500 which is your final target?
rvbhatt Swapilchoksi
@Swapilchoksi, exited from the trade @1100
@rvbhatt, Hey Thank x for the update...
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