PVRINOX SHORTERM BULLISH PVRINOX short term bullish
Forming higher high formation
in smaller time frame formed wave1, 2, 3,4
Now it's time for 5th wave to form.
With rising in volumes confirmation for 5th wave will come.
Shortest Bullish.
It's not an investment advice, it's purely an analysis, trade with due diligence.
PVRINOX
PVR INOX LTD BULLISHPVR INOX is near major support
May be take support from hear
Because morning star came after deep correction
So chances of stock going up here is very
My first target@2000
Second target@2700
Stop loss@1220
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
PVR INOX Ltd. engages in the business of theatrical exhibition and allied activities. It has 689 screens across 115 cities in India and Sri Lanka with 361 properties. It is headquartered in Haryana, India.
PVRINOX long based on ICT concepts. Swing trade
PVR has swept a monthly low and closed above a bearish weekly FVG so for the time being, I will be expecting higher prices. On the daily chart, we have a sweep at the lows again before creating a new bullish FVG upward.
I do not think price will retrace deep into the recent bullish leg because of all the PD arrays stacked one against another. Therefore, I will enter at the midpoint of the most recent bullish FVG and target the weekly imbalance with stops at the low.
PVR INOX - Swing Trade Analysis - 9th March #stocksPVR INOX (1W TF) - Swing Trade Analysis given on 9th March, 2024
Pattern: AT MAJOR WEEKLY SUPPORT
- Volume Buildup & Spikes initiated at Support - Done ✓
- Demand Zone Retest & Consolidation - Done ✓
- Stock is back to the Support since May 2023
#pvrinox
PVRINOX Going to Breakout, All details sharedI have been observing an increasing momentum in PVR INOX and Along with this increasing momentum PVR INOX has also closed above a crucial resistance on Thursday, breaking out of a range between 1350 and 1400. This stock has been in this range for a period of 1 month, therefore its breakout indicates a good rally. Defintely buy PVRINOX for short term move.
Entry Price 1400
Stoploss 1380
Target 1480
Happy Trading
Yamini Prabu
NSE, NISM Certified TA
Independent Trader and Trainer
PVRINOX :- AT STRONG SUPPORT ZONE NSE:PVRINOX
PVR INOX Ltd. engages in the business of theatrical exhibition and allied activities. It has 689 screens across 115 cities in India and Sri Lanka with 361 properties. It is headquartered in Haryana, India.
Technical Analysis:-
1. Trading at a strong support zone and showing rejections from below.
2. it can form a C up leg in a triangle formation.
3. the spread of recent falling candles has started to reduce.
4. the volume is not supporting the down move. as volume declining + price declining is a sign of weakness in a downtrend.
5. the RSI & Stochastic is rising from the oversold zone.
6. Started forming a base around the support zone.
ENTRY:- shall be above the base formation 1420
STOP: below the support zone, it should be on a weekly candle-closing basis.
Targets are mentioned on the chart.
Fundamental News:-
PVRINOX is opening some new screens.
Hope you understand the analysis and study the charts for better clarification.
Keep Learning,
Happy Trading.
PVRINOX - SWING TRADE - 18th December #stocksPVRINOX (1D TF)
Swing Trade Analysis given on 18th December, 2023 (Monday)
Pattern: ASCENDING TRIANGLE
- Volume Spike at Neckline - Done ✓
- Neckline Breakout - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #pvrinox
PVRINOXNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
#PVR POSITIONAL VIEWPVR is in C leg of corrective wave & looks like sub wave is in (v) of C. One can enter above 1600 for above marked target. Chart is self explanatory.