PVR INOX A PICTURE PERFECT BAT PATTERN UNDER FORMATION ON WEEKLY
PVR INOX is forming BAT pattern on weekly chart
its double bottom
Price taking Support at 20 Week SMA i.e. 1394 so can be a good Risk reward to buy on dips and dips only as per one's own risk rewards
Lets see how it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
its double bottom
Price taking Support at 20 Week SMA i.e. 1394 so can be a good Risk reward to buy on dips and dips only as per one's own risk rewards
Lets see how it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Disclaimer
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