ππ PVRINOX ABC Correction Analysis ππ
On the daily chart, PVRINOX is wrapping up an ABC correction wave (Intermediate) and currently positioned in the golden zone for potential reversal (113% - 127%) correction of the last swing.
π Trade Setup:
- Initiate Buy Trade
- Risk-Reward Ratio: 1:9
- Potential Return: 25%
- Risk: 3%
π Trade Parameters:
- CMP: 1528
- Stop Loss: 1483 (Day closing Basis)
- Target: 1869 - 1913
πΉ Analysis: Anticipating a reversal from the current level, this trade offers an attractive Risk-Reward Ratio for potential substantial gains against a limited risk.
π Happy Trading! πβ¨ #PVRINOX #StockTrading #TechnicalAnalysis #RiskRewardRatio
On the daily chart, PVRINOX is wrapping up an ABC correction wave (Intermediate) and currently positioned in the golden zone for potential reversal (113% - 127%) correction of the last swing.
π Trade Setup:
- Initiate Buy Trade
- Risk-Reward Ratio: 1:9
- Potential Return: 25%
- Risk: 3%
π Trade Parameters:
- CMP: 1528
- Stop Loss: 1483 (Day closing Basis)
- Target: 1869 - 1913
πΉ Analysis: Anticipating a reversal from the current level, this trade offers an attractive Risk-Reward Ratio for potential substantial gains against a limited risk.
π Happy Trading! πβ¨ #PVRINOX #StockTrading #TechnicalAnalysis #RiskRewardRatio