PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700
PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700
1. RSI on monthly chart near 40 support
2. Price formed double bottom last week on weekly chart
3. Harmonic Bullish BAT pattern completed and next patter under formation
4. Major confirmation area to gain momentum is 1431 levels above which momentum will increase
Good Risk reward as pattern / trade fails below 1230 which will act as exit zone
lets See How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
1. RSI on monthly chart near 40 support
2. Price formed double bottom last week on weekly chart
3. Harmonic Bullish BAT pattern completed and next patter under formation
4. Major confirmation area to gain momentum is 1431 levels above which momentum will increase
Good Risk reward as pattern / trade fails below 1230 which will act as exit zone
lets See How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
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