PVR Ltd. - Can it break the super-strong 61.8% FIB Level??
PVR Ltd.
The stock is BEARISH in the MONTHLY timeframe for almost 4 months.
It retraced back to 61.8% Fibonacci Level since inception & faced a strong Support. It bounced back closed in between the convergence of 61.8% Fib Level (all time) and extended 1.618 Fibonacci Level of the last high swing in Monthly timeframe.
This bounce from the monthly support zone is likely to trigger a short-term upward momentum in the stock.
Technical parameters however look weak as of now.
KEEP AN EYE !! #B+
The stock is BEARISH in the MONTHLY timeframe for almost 4 months.
It retraced back to 61.8% Fibonacci Level since inception & faced a strong Support. It bounced back closed in between the convergence of 61.8% Fib Level (all time) and extended 1.618 Fibonacci Level of the last high swing in Monthly timeframe.
This bounce from the monthly support zone is likely to trigger a short-term upward momentum in the stock.
Technical parameters however look weak as of now.
KEEP AN EYE !! #B+
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
-
Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.