PVRINOX

Jan 28

Key Observations:

1. Downtrend: The stock has been falling for a long time.
   
2. Support Level (Green Lines): The stock has reached a strong support zone around ₹988 - ₹1,043, where buyers are stepping in.
   
3. Bounce Back: The stock has given a small green candle, indicating some buying interest.
   
4. Target Level (Blue Line - ₹1,204.20): If the stock continues to rise, it may move up by 13.66% to ₹1,204.20 (previous support, now resistance).
   
5. Volume: Volume is slightly increasing, which supports a potential reversal.
   

Conclusion:

• If the stock holds above ₹1,043, it may go toward ₹1,204.
  
• If it breaks below ₹988, the downtrend may continue.
  

Feb 20

Note

#LateUpdate: I'm in again ₹ 988 SL 970 for above levels