After a long consolidation
PVRINOX
has give a breakout on upside and closed above resistance level of 1407. As per my analysis we can plan buy entry when price retest level of 1407 with stop loss of 1357 (-50 points risk). My expected upside target would be 1429 (+29), 1450 (+43), 1471 (+64) & 1502 (+95). This could be almost 1:2 ratio.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
PVRINOX
has give a breakout on upside and closed above resistance level of 1407. As per my analysis we can plan buy entry when price retest level of 1407 with stop loss of 1357 (-50 points risk). My expected upside target would be 1429 (+29), 1450 (+43), 1471 (+64) & 1502 (+95). This could be almost 1:2 ratio. Note: This is my personal analysis, only to learn stock market behavior. Thanks.