PVR is consolidating outside am important resistance line, possibility of a breakout.
Buy above 2114 with a stop loss of 2105,
if 2105 is breached, short for a target of 2084-2061.
PVR
any reversal on 1860-65
seen on clbs can be show
upside move to 2020 - 2030 level
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Key Levels for PVR are : t.me - JOIN TELEGRAM CHANNEL
Upper Breakout~1770
First Target~1782
Interim Resistance~1800
Final Resistance~1818
**Lower Levels**
Lower Breakout~1746
First Target~1735
Interim Support~1721
Final Support~1707
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PVR: The stock is in uptrend trading above the kumos. Now at an important pivot the stock ha managed to form a bullish candle. The RSI retraced and took support near the 40 levels which serve as bullish momentum support zones. The MACD is almost into a neutral zone. A channel breakout from the levels may re assert bulls in the stock & PVR may move up further in...
Pvr gave bearish signal on daily and now facing strong resistance on hr ly too. we can look for the short setup with stop loss of above on resistance and take profit on next support.
NSE:PVR Short at 1607.80 with SL 1621.30 and TP 1580.85
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
PVR has corrected from 1800 levels to 1430 .
Assuming that market is oversold and likely to bounce i would like to bet on PVR
Long PVR 1440 stoploss below 1430
PVR buy at 1720 Stoploss 1690 Target 1770-1800
Reasons for trade-1.Price closed above important daily support of 1710
2. Bullish candlestick pattern formed on 4 hour chart
3.Daily trend is Up
4.Risk Reward is 1:1.5
![PVR: PVR Short Setup [Intraday]](https://s3.tradingview.com/v/VINjFTTz_mid.png "PVR Short Setup [Intraday]")
