PVR INOX

Date 22.07.2024
Pvr Inox
Time frame : Day chart

Remarks : A long descending triangle pattern has multiple tested support base therefore as mentioned if it breaks the base this time below 200 ema then no catching of falling knife. Let the price resume base or above the base in that case 200 ema will also get smooth a little.

On the entry front, i have marked three breakout points & same will also act as resistance therefore each breakout will have entry opportunity.

Amis IPL season & T20 wrold cup no major releases were there except Kalki (pan india release), therefore previous quarter result might be little under pressure. Lets see...

Regards,
Ankur Singh