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.