PVR INOX – Educational Chart Breakdown
(SEBI Reg. INH000019886 | For Learning Only)
Price is stabilising after a sharp correction and now reclaiming momentum above the 20 EMA, signalling an early trend shift. Bollinger Bands are contracting, hinting at a volatility squeeze before the next move.
🔍 Key Technical Highlights:
• Strong bounce from lower Bollinger band
• Price retesting & holding the 20 EMA
• Buyers active on recent candles with improving volume
• Momentum indicators curling up from oversold zones
🎯 Edu Levels:
• Support: ₹1,065 / ₹1,050
• Momentum Zone: ₹1,105
• Upside Swing Zone: ₹1,145 → ₹1,170
📈 Summary:
Holding above ₹1,065 keeps the recovery structure intact. A sustained move above ₹1,145 can open the path toward ₹1,170+.
⚠️ Educational purpose only.
— AALGO BREATHS