PVRINOX - chart - 979650
PVR LTD
#PVR is moving down in a Bearish channel and is moving in a range from the last 2 trading sessions.
RSI is Bearish .
TT2 Trend is Bearish in 30Mins and Daily timeframe .
If the price breaks out of the channel with volume and the next candle confirms, the next resistance is 1035/1080/1100.
If the price breaks-down from the range (985.5), the price might move further down to
to respect the channel. The next support is 939 on 30mins chart.
KEEP AN EYE!!
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.