PVR
PVR NSE 2021 complete analysis with Time SpeculationHi
here is a complete Price Action analysis of the PVR with specified supply and demand zone and I have used Fibonacci retracement and projection to project the target areas.
I am mainly bullish on this ticker as the corona pandemic is getting over and all theaters and cinemas are reopening so we can see that the PVR company is getting back on its legs and to its previews trend
I have used Fibonacci time base tool to specify the future events and targets dates to come...
please comment me your opinions
Live Intraday Trading - Joining a falling knife !!Joining a falling knife !!
PVR stock has been continuously falling from recent high's . I too wanted to join the party . But , for that I needed a party pass which I got and then had lot's of fun !!!
Party time !!
Live Intraday Trading - Shorting a weak stock !!Shorting a weak stock !!
What do you mean by a weak stock ?
A weak stock is nothing but a stock that looks very weak as compared to that of the index stock .
I had two reasons for shorting PVR :
1.It's falling continuously since a it touched the levels around 1400.
2.It was behaving just like a weak stock , because when all other stocks were rising higher with the index at that time also PVR was busy coming down and when nifty had some red candles at that time it gave me my second target .
PVR looking brightPlease be take caution investing or speculating in stock markets. Stock trading is a risky business and one should always trade with appropriate stop loss and manage risk accordingly.
This is a quick review of PVR and giving a fair idea of what levels it can testing in short term. Keep a watch!
