Buy PVR Ltd For Target Rs. 1800 - Religare Broking
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Derivative Ideas
PVR gained 2.77% and closed at 1754.05 on 21st Mar. The counter trading above its medium term support of 1500, gradually inching higher. Now breaking out above 1735 and trading above its important MAs, the counter is poised to test its resistance at 1800 levels. We recommend to go Long in PVR.
Strategy:- BUY PVR @ 1730-1740, SLOSS AT 1692, TRGT 1800.
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