BharatJhunjhunwala

The stock recently broke down from all critical support levels.

Corto
NSE:PVR   None
The stock recently broke down from all critical support levels. The pullback seen during last two sessions can be corrective nature as the stock is closing into a strong resistance level. The RSI is facing resistance at a bear extreme zone. The stock is expected to resume trend down if it fails to move above 1610 levels. The downside targets are 1110, 960 & 920. However a move above 1610 may push the stock towards 1650 levels.

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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