NSE:PVR has formed good base and price action showing it can move good after crossing 1325.
Keep this in watch list to open Trade once it crosses 1325 levels with good volume.
After it generates entry then SL would be strict 1210 levels.
P.S- My analysis and trade levels for Delivery based Trades.
As shown in chart, it formed double bottom pattern and gave trend line breakout + retest.
It may face this resistance.
Feel Free To Ask For Any Technical/Fundamental Query
Educational Purpose Only.
NSE:PVR one can long till PRZ as long as stay above current support
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
This is not a recommendation, but just a personal point of view shared for purely educational purpose. Before taking any position in this stock please consult your financial advisor. I will not be liable for any losses incurred for any positions taken in the above stock.
The stock is ready for a breakout to touch 1700 levels in the short-mid term.
After giving a breakout from its long term resistance, it has been forming an ascending triangle and is on the verge of giving a short term breakout if it closes above 1500 levels. RSI indicates that the stock is overbought, however the momentum should continue
PVR trade to take long entry above the price of 1201 TGT 1270-1320-1365 SL 1130. Entry will be taken only after the broken & trading above the TL in upcoming session . Risk to reward here is 2: 45. currently stock is well supported @ level of 1150. This is for your educational purpose only.
PVR BUY ABOVE 1140
1148, 1156, 1164
If sustain above 1165 then 1185, 1196 possible
Posting for Educational purpose only
If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas