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PVR Inox- Cash

246
PVR-Inox setup for next 2 weeks in cash.

Looks like Support level of PVR at around 1492-1480 is broken and the price has come for retest.
Will create a short position here for target of 1380-1365 with a stop loss at 1492.

The company has weak fundamentals. The covid period has disrupt the company's earnings and booking negative profit as of now. Since PVR-Inox is the largest multiplex chain in india and the covid situation seems to getting normal, I believe the company will do better in future.

Nota
Target Reached

P.S -Icon changed to PVRINOX

Penafian

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