Short PVR

PVR is near 52 week low and the next support is 752, 675, 606.
Due to Lockdown in India, Theatres may not open before June end. Also post-COVID, sense of security will be more in Multiplexes.

Sell PVR for the target of 752, 675, 606...
If lockdown continues and if Theaters not allowed to open after lockdown (June-July) then the stock may fall below 606--- to 474----

>>> This is my personal views.... Do your own analysis before taking any positions...

Remember>>>> What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.

You can Follow me on Instagram User id- @thisisvishwajeet

Thank you,
Vishwajeet Sharma

Comment:

Target 1 Achieved in jst 1day (100 points)... wait for target 2 and 3 ---