PVR INOX Ltd – Bullish Setup Near Key Support Zone
PVRINOX
The stock is showing renewed buying interest after consolidation, with price holding above key support levels and momentum improving.
🔎 Technical Observations:
• Consolidation after recent correction
• Strong buying near ₹1207–1245 zone
• Price holding above short-term support
• Higher-low structure visible
• Momentum indicators improving
🔑 Key Levels to Watch:
• Immediate Support: ₹1246 – ₹1207
• Major Support: ₹1169 – ₹1131
• Immediate Resistance: ₹1285 – ₹1323
🚀 Upside Targets:
• ₹1285
• ₹1323
• ₹1362+
📉 Risk Scenario:
Breakdown below ₹1207 may weaken the setup and lead to further downside towards ₹1169–₹1131.
📈 Trading View:
👉 Stock is showing accumulation near key support
👉 Sustained move above ₹1285 can trigger fresh bullish momentum towards higher targets
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊