Wednesday, January 13, 2010

PVR ... another INOX ? ? ?

I am sure those of you who could get their hands on INOX (analysed on this blog on 7th) are on their way for a movie at the nearest Inox theatre!

Well, time to see whether we have more 'Inoxs' !!



PVR too is one stock which is giving what is technically termed as a 'continuation' pattern. A break out above Rs 200/- can see this stock shoot up. Moreover therre is low floating stock and it would be an easy job to move this one...

Keep your stoploss at Rs 183 and target price near to Rs 230-240...
And yes - remember these are 'momentum stocks' !

Happy Trading

Hope you all have a safe Uttrayan ...

CA Rajiv D Khatlawala
ValueTrade Academy Pvt Ltd.

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