Cinevista is entertainment company, in around 2000 the price of stock was 400 and from there 2001 it started fell and after years of consolidation we noticed unprecedented movement in the stocks, if the stock price manage to close the weekly candle above the resistance level then we may buy for investment...
INVEST OR TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
PVR
Good volume breakout on daily charts
Good consolidation breakout
looks good for Tgt 1600 1700
buy on dip till 1450
SL 1380
(Calculate RR before taking entry)
Since the stock has been continuously trading in a small range, there is a very good chance for the breakout to happen. This is an intraday trade and can be taken on either side depending upon the market on 12 oct
Buy above 1280
Sell below 1250
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not...
