LiveTradingBox

PVRINOX : Completing Correction

Long
NSE:PVRINOX   PVR INOX LTD
📉📈 PVRINOX ABC Correction Analysis 🔄📊

On the daily chart, PVRINOX is wrapping up an ABC correction wave (Intermediate) and currently positioned in the golden zone for potential reversal (113% - 127%) correction of the last swing.

🚀 Trade Setup:
- Initiate Buy Trade
- Risk-Reward Ratio: 1:9
- Potential Return: 25%
- Risk: 3%

📊 Trade Parameters:
- CMP: 1528
- Stop Loss: 1483 (Day closing Basis)
- Target: 1869 - 1913

💹 Analysis: Anticipating a reversal from the current level, this trade offers an attractive Risk-Reward Ratio for potential substantial gains against a limited risk.

📈 Happy Trading! 🚀✨ #PVRINOX #StockTrading #TechnicalAnalysis #RiskRewardRatio

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.