The stock $PVRINOX experienced a significant downtrend from its peak in November around 1250 down to a bottom in April near 920. Since then, the stock has halted its major fall and is currently trying to recover trading near the psychological level of 1000. Immediate Support 960. This is the recent low formed in June. If the stock dips this is the first area where it might find stability. Major Support 920. This is the strong base the stock formed in April. A drop below this level would indicate further weakness. Immediate Resistance 1040 to 1050. The stock needs to cross this hurdle to show clear short-term strength. Major Resistance 1100. If the stock successfully breaks 1050 its next major target is the previous swing high from May. For short-term buyers it is safer to wait for a clear breakout above the ₹1023 immediate resistance zone before making fresh entries or look to buy near the ₹983 support level. Current holders should continue holding their shares but must maintain a strict stop-loss below the ₹983 support to protect against any sharp breakdown. The stock is currently trying to recover and build a strong base near ₹1015 which is fundamentally supported by the company recently posting a net profit of ₹56.5 crore. If the price successfully crosses and closes above the resistance it could trigger a much faster upward momentum for the stock.

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