Key Levels for PVR are : t.me - JOIN TELEGRAM CHANNEL
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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...
NSE:PVR Short at 1607.80 with SL 1621.30 and TP 1580.85
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
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