PVRINOX at trendline in 5 mins timeframe

PVRINOX has given bearish momentum in 200 EMA line in 1D timeframe and it had taken support on the trend line in 5 mins timeframe.


Price shows good potential to be going downwards if it breaks the trend lines.

Go short for swing or intraday trades.

These analysis are only for educational purposes, please do your own research before investing


Happy treading.

Cheers :)

Emir iptal:

Did not take the trade since the price pulled back and taken support on the trendline.

Bullish momentum found because of the upcoming quarterly earnings.