๐๐ PVRINOX ABC Correction Analysis ๐๐
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.
๐ Trade Setup:
- Initiate Buy Trade
- Risk-Reward Ratio: 1:9
- Potential Return: 25%
- Risk: 3%
๐ Trade Parameters:
- CMP: 1528
- Stop Loss: 1483 (Day closing Basis)
- Target: 1869 - 1913
๐น Analysis: Anticipating a reversal from the current level, this trade offers an attractive Risk-Reward Ratio for potential substantial gains against a limited risk.
๐ Happy Trading! ๐โจ #PVRINOX #StockTrading #TechnicalAnalysis #RiskRewardRatio
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.
๐ Trade Setup:
- Initiate Buy Trade
- Risk-Reward Ratio: 1:9
- Potential Return: 25%
- Risk: 3%
๐ Trade Parameters:
- CMP: 1528
- Stop Loss: 1483 (Day closing Basis)
- Target: 1869 - 1913
๐น Analysis: Anticipating a reversal from the current level, this trade offers an attractive Risk-Reward Ratio for potential substantial gains against a limited risk.
๐ Happy Trading! ๐โจ #PVRINOX #StockTrading #TechnicalAnalysis #RiskRewardRatio
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.