Pvr Monthly chart breakdown trendline Target 1274 & break 50 EMA
According 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....
After 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...
pvr share elliot wave analysis pvr share start 3rd wave upside pvr buy 1439 stoploss 1360 target 2200
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 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.
The 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.
If today PVR sustains above the trendline then it will move forwards towards target levels
POSITIONAL INVESTMENT VIEW ON #PVR CMP 1318 PVR LOOKING GOOD CMP 1318 STOP LOSS 1295 ON CLBS 1 DAY TARGET - 1360 1400 1430 1460 1500 ++
After rejecting from the level of 1462 the stock has tooked support near 1300 levels. We can assume the stock will place its 4th wave correction in this zone and will be continuing in the impulse wave 5. One can go Long now or in dips with mentioned key levels in chart. Wave Structure Key Levels Disclaimer I am not sebi registered analyst My studies are...