PVR - INSIDE CANDLE BREAKOUT | DON'T MISSHey Traders! how are you all ? Hope everyone is Bullish..hahaha..jokes apart!
Coming to trade..
PVR making an Inside candle in Daily chart, keep your eye on this stock.
All Levels are marked on this chart.
MY VIEW: hmm Bullish(will wait for upside breakout)
Let it break the rectangle then only enter the trade otherwise wait for consolidation. "More Consolidation = Better Breakout"!!
As we can see 1200 & 1300 is a Psychology level. Both will act as a strong resistance. So trade carefully & book your profit accordingly.
BUY above 1090
TARGETS: 1160, 1200, 1230
SL: Use Tight SL & 'Keep Trailing'
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!
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