Srivis125

PVR

Long
NSE:PVR   PVR LTD
50% FIB retracement from lows is @1383. Stock has been trading in a range and needs volumes to pick up to go higher. 6 and 20 SMA's are positive.

Weekly range is the same for a while.

Will wait for a breakout around 1325 levels for targets of 1400, 1450, 1500
Comment: needs more volumes to confirm a trend, wait and watch.
Trade active: Breakout now on the stock and is now trading above the 61.8% mark comfortably
Comment: Retesting breakout levels again