PVR
PVR - EducationThis is only for Education information.
No suggestion for Buy or Sell.
Range Bound in Parallel Channel
Wait for closing on above 1900
#HEAD&SHOULDER #CHARTPATTERN#HEAD&SHOULDER #CHARTPATTERN. Buy at CMP 1865 Rs Keep SL below 1800 For Target of 1965 Rs.
PVR trend HIT or FLOP! At important support!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 the short term.
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PVR shortPvr 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.
PVR Short Setup [Intraday]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.
Long PVR 1440 stoploss below 1430 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 More Upside we can see todayPVR 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 Good Sell Opportunity for todayPVR Sell at 1694-1695 Stoploss 1750 Target 1600-1510
Reasons for trade-1. PVR is Near to daily channel resistance from which price has returned twice.
2.Daily resistance of of 1700 still nor breached 3. Daily Trend is down
4. Risk Reward is 1:2
PVR#PVR BASED UPON 1:2, 1:3,1:7 Risk Reward
POSITIONAL
BELOW 1650 TGT 3% 5% 10% sl 1.5%
INTRADAY
Below 1650 TGT 1% 2% 3% sl 0.5%
POSITIONAL
ABOVE 1708 TGT 3% 5% 10% SL 1.5%
INTRADAY
ABOVE 1708 TGT 1% 2% 3% SL 1.5%
PVR LTD | Descending Triangle spottedPVR technically seems to be in a bear grip. We could notice a descending triangle pattern and also a rising trendline is broken, both of which suggests short selling. We might see price pulling back to 1700 levels and then fall to 1550-60. 38% Fibonacci retracement of previous bull trend falls at 1550 which is around the same area.
