Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up...
On a lower degree we can see a five wave structure on the upside & after a five wave structure one should expect at least a three wave down move. As per the current structure one should go short on pvr keeping sl of 1350 for tgt of 1315/1308 .
Hello guys i had find this trade in 1h timeframe which taking resistant in upper trendline and made some buildup at top and its good chance to sell on top with sl at above resistant and tg at support which i mentioned and plzz i suggest before taking any position plzz analysis yourself if you like my analysis plzz like comment and share my analysis and do follow...
PVR is looking weak and is a good candidate for short selling in tomorrow's session. This is a stock from my personal watchlist for intraday. The overall trend is bearish in PVR and so I am looking for selling opportunities in PVR. Volume has expanded whenever price has moved lower suggesting the bias of strong players to be negative. Always trade with the strong...
Very 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.
Key Levels for PVR:
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
#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
PVR stock is bearish on 30 min candle. Tomorrow it will give opportunity to short below 998 for the target of 980, 970 with stoploss 1013.
Sell below- 998
targets- 980, 970
time period- INTRADAY 04-may-2020.
Note- Valid only if tomorrow open price will below previous day closing price and trade below 1000...