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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PVR
PVR Ltd Wave AnalysisLooks minor wave 4 of bigger wave 1 has been completed and minor wave 5 has started for the given targets.
PVR KEY LEVELS 990-1000PVR Trendline support at 990 & 50 DMA support at 1000. Buy with SL 985 Trgt 1110-1230---. Sell below 977 SL 1021 Trgt 910-860---.
PVR - 10%+ if you shortVery strong resistance.
High volume bars.
Nifty also going in bear zone.
Malls are far from opening
Limited new movie releases.
Fundamentally and also technically - this stock will go down as fast as it has come up.
I am expecting this to give 10%+ return in coming week if you go short.
PVR - 1053 (if it dips below 1154 and stays below it)PVR - 1053 (if it dips below 1154 and stays below it)
PVR IH&S Pattern Weekly- IH&S pattern not yet formed completely, I am waiting for it to form right shoulder completely and bounce from 0.618 FIB Level.
- Will Build small position from 0.5-0.618 FIB Level with Stop Loss below the Head.
- On breakout from the neckline of IH&S will add more to my position for target 30-40% move.
#9 PVR - Long for Target of 1100NSE:PVR
Reasons being:
1. Expected Breakout in Daily chart
2. Breakout in OBV
3. More than Daily Normal Volume
4. Opening of Economy and Malls in Unlock phase 1.0
Log with a Trget of 1100 and 1150 in 2-3 weeks
PVR [Positional trade]Go long if it sustains the (1025-1045) level for the targets of (1116-1135) / (1245-1263) / (1562-1590) with the intermediate resistance of 1450.
PVR Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Weekly Hammer in PVR for Long SetupPVR has formed a weekly hammer 3rd week of May 2020 along with confirmation of previous red candle (second week of may)
The current weekly candle is green which confirms and completes the pattern
Once can go positional long on cross of 910 last weekly candle high with stoploss of 815 for a target of 1050 i.e Monthly Resistance
Synergistic Pattern: Trendline + Horizontal resistance + Hammer Levels are on chart.
Please like this pattern.
Thank you. Happy Trading!!!
PVR ready for BOFalling wedge Pattern and Ready for BO in PVR
it's for educational purposes only Not Recommended
PVR- I see below 730-740 ,only downtrend@cruicial support 730-740, once goes down..see support 2 and support 3
Short PVRPVR is near 52 week low and the next support is 752, 675, 606.
Due to Lockdown in India, Theatres may not open before June end. Also post-COVID, sense of security will be more in Multiplexes.
Sell PVR for the target of 752, 675, 606...
If lockdown continues and if Theaters not allowed to open after lockdown (June-July) then the stock may fall below 606--- to 474----
>>> This is my personal views.... Do your own analysis before taking any positions...
Remember>>>> What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
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Thank you,
Vishwajeet Sharma
PVR shortWedges, falling- 5 touch points.
Breakout expected 815(downwards).
S&R Levels 703, 628, 500, 334.
Entry- As personal convenience
S/L 886
Not investment advise- trade at your own risk.
PVR is trading at its 4 year low#PVR is trading at its 4-year low price which signifies the strength of its weakness. In a 3H chart RSI(15) is going up touching the threshold of 50 which can be an opportunity to sell on the rise but we will go short once it touches 867 with SL@1231. Position sizing: 18k/lot
