rashjohn007

pvr no return from 7 years but this time it will go up

Long
rashjohn007 Updated   
NSE:PVRINOX   PVR INOX LTD
Pvr has not given any return from the past 7 years...this time it may blast

as per trendline accumulate in zone 1400-1360 with sl 1145 use the dips

this december it will break its high which it has not been able to do so since covid target already mentioned in trendline which is 2900 -2950 duration 8 to 12 months
REASON : the moat is its monopoly in cinema business if you think movies it will always be pr

second the hangover of amalgamation with inox is factored in
Comment:
i have added some at 1460 more today at 1390...,, i am carrying future 4 lots will rollover till tgt or sl
Comment:
some one asked me why it is falling... reason is simple, time correction and seasonality. time correction because of C wave , seasonality due to exams in school also no good release. But post examination and till decemeber it will fly.
disclaimer: i am holding 5 lots now added one more and 1370.
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