Pros:
Price in between channel.
Above 200EMA
PVR-Cinepolis merger may lead to a duopoly
3 Time price has fallen due to Covid -1st,2nd and 3rd wave.
Potential growth in Tier-2, Tier-3 cities
Cons:
Don't know when Covid Period will be over.
for the next 1-2 Yrs flop films come continuously. ;)
Holding Period - Short Term to Long Term - min 2-3yrs
Price in between channel.
Above 200EMA
PVR-Cinepolis merger may lead to a duopoly
3 Time price has fallen due to Covid -1st,2nd and 3rd wave.
Potential growth in Tier-2, Tier-3 cities
Cons:
Don't know when Covid Period will be over.
for the next 1-2 Yrs flop films come continuously. ;)
Holding Period - Short Term to Long Term - min 2-3yrs