Get started

Pvrltd

PVR Cinemas - Bearish callPOSITIVE SIDE: 1. If the market starts with a bloodbath as it happened for the last few monday, we can expect PVR to turn bearish. Corona lockdown is another such indication for the bearish movement. 2. Wait for the support break. Most probably it has to break when the market starts with a bloodbath. 3. Target 1 is a easy reach. If the moving average 20 & 50 collides after the target 1, we have high chance of reaching Target 2. NEGATIVE SIDE: 1. U Shape has been formed, indicating bullish movement if the retest has been confirmed. So, wait for the support to break. And make the decision according to the market flow.
PShort
by VigneshRaja-UthayaKumar
PVR watch for break of an important levelOne of my favorite bottoming patterns is close to triggering a buy signal for PVR Ltd with break of crucial 1303 level. Based on this pattern we can expect PVR to rally towards 1850-1900 in next few months. If the stock manages to achieve this target we will be able to reassess the price structure to decide if it's headed even higher as it has some long term patterns also playing out. This is because it seems that the stock may have completed an expanded flat A-B-C correction on the longer term charts People with long term horizon can also start accumulating this stock People with limited risk can keep a SL around 1060, although it's important to not that the bottoming pattern won't be invalid even if this price is taken out. This bottoming pattern gave similar buy calls with Bharat Forge & Glenmark Pharma both of which ended up providing excellent returns over next few months Note: This ideas has been shared for educational purposes only.
PLong
by yash_utmani
Buy PVR at 950-1000 Rs, has potential to gain more than 100%Technical Part : Stock was rejected upside after last week rally, it didn't have any price support in that trajectory, we saw the profit booking on Monday. Some might say, it happened due to financial report but that was just a bite at the cherry. Now stock has retraced more than 50% and heading towards 61.80%. It is Excellent Bargain Price where you can get in, Stock has great upside potential of more than 100% Fundamental Part: High growth Stock P/V ratio 4.15, Good EV/EBITDA ratio 6.19,Excellent High FII investment Return on asset and Profit Margin has decrease due to this quarter otherwise it was good "Overall it is a great purchase, if you hold it for more than 6 month. People will rush towards entertainment once everything will be okay"
PLong
by OK_Rane