SWING IDEA - PVR INOXPVR INOX , a leading cinema exhibition company, is displaying technical indicators that suggest a promising swing trading opportunity.
Reasons are listed below :
1440 Resistance Zone : The 1440 level has been a significant resistance zone. The price is now attempting to break through this level, indicating strong bullish momentum.
Bullish Engulfing Candle on Daily Timeframe with Volume : The recent formation of a bullish engulfing candle on the daily chart, accompanied by increased volume, suggests strong buying pressure and potential for further upward movement.
Breaking 5-Month Consolidation : The stock is breaking out of a 5-month consolidation phase, signaling a potential new bullish trend.
Double Bottom Pattern on Weekly Timeframe : The formation of a double bottom pattern on the weekly chart indicates a potential reversal from the downtrend, signaling a bullish outlook.
Bouncing Back from Golden Fibonacci Support : The stock is finding support at the golden Fibonacci retracement level (0.618), a key area where prices often bounce back, indicating potential for an upward move.
Target - 1560 // 1720 // 1825
Stoploss - daily close below 1330
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@visionary.growth.insights
PVR
Get Ready for Huge upside as PVRINOX at Support !!PVRINOX is around the long term support !!
Long term support is working from 2008 and now around the support
Long term support is around 1150-1240
In a weekly timeframe Stock is making falling channel
Falling channel support is also coming around 1180-1240
We have confirmed these levels from 2 charts
So Probability is higher that prices may bounce from these levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
PVR MORNING STAR !Very Good Setup seen in Weekly charts.
Low Risk High Reward.
Target 1600 , 1800 ...
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
PVR INOX REVISITEDAccording to the my assessment, the current market situation suggests that PVR INOX is in the c wave (i) of the 5th Elliott wave. The predicted completion level for the c wave is anticipated to be around 1280-1290.
It's important to note that Elliott Wave Theory involves subjective interpretation, and different analysts may have varying views on wave counts. Additionally, external factors such as market sentiment, economic indicators, and unforeseen events can influence stock prices.
Traders and investors should exercise caution and conduct their own due diligence before making any financial decisions. Technical analysis tools and chart patterns can provide valuable insights, but they should be used in conjunction with other forms of analysis for a comprehensive understanding of market conditions.
Risk management is crucial in trading and investing. Setting stop-loss orders and diversifying portfolios can help mitigate potential losses. Furthermore, it's advisable to stay informed about market developments and be prepared to adapt strategies based on changing conditions.
In conclusion, the analysis presented here is based on the user's interpretation of Elliott waves in the PVR and INOX charts. It's important for individuals to make informed decisions based on their own research and risk tolerance. The financial markets are inherently unpredictable, and there are no guarantees of success in trading or investing.
PVR INOX BUY SETUPAfter a long consolidation NSE:PVRINOX has give a breakout on upside and closed above resistance level of 1407. As per my analysis we can plan buy entry when price retest level of 1407 with stop loss of 1357 (-50 points risk). My expected upside target would be 1429 (+29), 1450 (+43), 1471 (+64) & 1502 (+95). This could be almost 1:2 ratio.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
PVR LTD Alert PVR LTD. Stock break very crucial Level
Break a trend line
200W Moving Average
And Very Crucial Support
In upcoming days we will see a fall in this stocks
(Always do your own analysis)
PVR BREAKOUTPVR breakout good potential upside due to upcoming good movies like pathan etc and good collection in upcoming quater
PVRPVR weekly chart and this stock is trending in the channel now this stock at minor support zone wait when this stock start breaks the trendline support.
#RADIOCITY #SUNTV #ZEEL #SAREGAMA #PVR #DISHTV #TV18BRDCST #NDTV
#RADIOCITY
NSE:RADIOCITY
CMP: 24
TP: 29
SL: 22
TF: <6m
RR > 2 times
Return 20%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
PVRHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
Short PVR @ 1833 tgt 1578/1420 stop above 1960 The earning are not justifying the price as well as with increase in interest rates and dominance of the OTT platforms surely affecting the future projections. Technically breaking the upward channel, the same is also supported by the RSI and volume.
PVR 15min TF For IntradayPVR is forming a rising channel pattern and gives a breakout with good volume in 15 min TF. You can set your target and stoploss according to your RRR.
You can add it to your watchlist. It's just my idea.
STOCK of the Month Jun 2022: PVRUpward channel is there but showing sign of testing 1500 Level then possibly bounce back. Also, overall market is sell on rise.
View: BEARISH
Expected Target 1500 CMP 1703
Going for Bearish Spread (HEDGING) seems to be the best choice at the moment.
Buying 1800 CE would be good for buffer in case there is bullish move for short time. CMP 50
Shorting 1500 CE seems to be good idea get the max juice out of the move. CMP 250
PVR looks to push ahead. PVR is a company where net cash flow is increasing after post Covid recovery. Mutual Funds and FIIs are increasing their stake in this company. Valuations of the company are high considering that the revenue of the company was negative. However if the stock maintains the level above 1770 then it can travel to the targets of 1851 and 2050. Keep a stop loss at closing below 1580.
Wait for around 1500 to enter PVR.A clear pattern in daily and weekly charts of PVR. Wait until the price come down around 1500 due to merger and other issues then get in
PVR Show timePVR is trading near 52 week high
Breaking above 1840 will attract fresh buying.
Ground is strong
Some big budget movies will release near future
Stock may outperform.
PVR buy above 1766 Target 1800The kashmir file going great and next blockbuster movie RRR will be on big screen very soon.
Today volume is good and we can see new high near future.
PVR - Long Call for Dec 31We can see a great long call-in PVR. The technical fall is because of news and the position is well suited for a great rise.