PVR INOX LTDLong
STOCK IDEA for 4th December & 5Th December - PVR INOX
https://www.tradingview.com/x/qnKrIhzf/
Disclaimer : For Education & Study Purpose Only
Stock Analysis: PVR INOX
Technical Analysis:
Breakout from Consolidation: The stock has closed above the critical level of ₹1595 (22nd October 2024 high) after over a month of consolidation.
Strength Since 27-Nov-2024: Indicates a potential build-up in momentum, possibly driven by anticipation or broader market movements.
Fundamental Catalyst:
Pushpa 2 Release: The release of a blockbuster movie like Pushpa 2 (5th Dec 2024) is a strong revenue driver. Pre-release hype and massive advance bookings point to record-breaking collections, expected to generate significant footfalls and F&B revenues for PVR INOX.
Brokerage View:
UBS has upgraded its target to ₹2000 with a BUY recommendation, reflecting confidence in the company's growth trajectory.
Forecast: ₹1000 crore opening day box office collection could provide a substantial revenue boost.
I hope this study helps & Happy trading.
Disclaimer : For Education & Study Purpose Only
Stock Analysis: PVR INOX
Technical Analysis:
Breakout from Consolidation: The stock has closed above the critical level of ₹1595 (22nd October 2024 high) after over a month of consolidation.
Strength Since 27-Nov-2024: Indicates a potential build-up in momentum, possibly driven by anticipation or broader market movements.
Fundamental Catalyst:
Pushpa 2 Release: The release of a blockbuster movie like Pushpa 2 (5th Dec 2024) is a strong revenue driver. Pre-release hype and massive advance bookings point to record-breaking collections, expected to generate significant footfalls and F&B revenues for PVR INOX.
Brokerage View:
UBS has upgraded its target to ₹2000 with a BUY recommendation, reflecting confidence in the company's growth trajectory.
Forecast: ₹1000 crore opening day box office collection could provide a substantial revenue boost.
I hope this study helps & Happy trading.
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.
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.