Buy PVR Cinemas Ltd For Target Rs.1690 - Religare Broking
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Derivative Ideas
PVR gained 2.45% and closed at 1635.75 on 28th Feb. The stock has shown good up move after taking the support at 1500-1520 zone. Now fresh breakout is seen in the counter with Fresh Longs added in its Fut. Holding 1570, the counter is poised to test its resistance at 1700 levels. We recommend to go Long in PVR.
Strategy:- BUY PVR @ 1610-1620, SLOSS AT 1570, TRGT 1690.
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