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VishwajeetSharma
May 17, 2020 6:01 PM

Short PVR Short

Description

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 ---
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