PVR INOX LTD
Long

PVRINOX : Completing Correction

403
๐Ÿ“‰๐Ÿ“ˆ PVRINOX ABC Correction Analysis ๐Ÿ”„๐Ÿ“Š

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.

๐Ÿš€ Trade Setup:
- Initiate Buy Trade
- Risk-Reward Ratio: 1:9
- Potential Return: 25%
- Risk: 3%

๐Ÿ“Š Trade Parameters:
- CMP: 1528
- Stop Loss: 1483 (Day closing Basis)
- Target: 1869 - 1913

๐Ÿ’น Analysis: Anticipating a reversal from the current level, this trade offers an attractive Risk-Reward Ratio for potential substantial gains against a limited risk.

๐Ÿ“ˆ Happy Trading! ๐Ÿš€โœจ #PVRINOX #StockTrading #TechnicalAnalysis #RiskRewardRatio

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