#Oct12 - PVR (intraday)

11 oct 2020

Since the stock has been continuously trading in a small range, there is a very good chance for the breakout to happen. This is an intraday trade and can be taken on either side depending upon the market on 12 oct

• Buy above 1280
• Sell below 1250

Note:

• Avoid the stock if a big gap up or gap down is seen
  
• Enter after the breakout happens and not before it
  
• Do not chase the market, i.e., do not get involved in late entries
  
• Only enter with strict stop-loss and target
  
• This is not a recommendation and is for educational purposes only.
  
• always follow risk-reward and quantity management for the 100% of the times
  
• The above mentioned idea may not work, so beware of the risk you are taking