PVR INOX LTDLong
STOCK IDEA for 4th December & 5Th December - PVR INOX
https://www.tradingview.com/x/qnKrIhzf/
Disclaimer : For Education & Study Purpose Only
Stock Analysis: PVR INOX
Technical Analysis:
Breakout from Consolidation: The stock has closed above the critical level of ₹1595 (22nd October 2024 high) after over a month of consolidation.
Strength Since 27-Nov-2024: Indicates a potential build-up in momentum, possibly driven by anticipation or broader market movements.
Fundamental Catalyst:
Pushpa 2 Release: The release of a blockbuster movie like Pushpa 2 (5th Dec 2024) is a strong revenue driver. Pre-release hype and massive advance bookings point to record-breaking collections, expected to generate significant footfalls and F&B revenues for PVR INOX.
Brokerage View:
UBS has upgraded its target to ₹2000 with a BUY recommendation, reflecting confidence in the company's growth trajectory.
Forecast: ₹1000 crore opening day box office collection could provide a substantial revenue boost.
I hope this study helps & Happy trading.
Disclaimer : For Education & Study Purpose Only
Stock Analysis: PVR INOX
Technical Analysis:
Breakout from Consolidation: The stock has closed above the critical level of ₹1595 (22nd October 2024 high) after over a month of consolidation.
Strength Since 27-Nov-2024: Indicates a potential build-up in momentum, possibly driven by anticipation or broader market movements.
Fundamental Catalyst:
Pushpa 2 Release: The release of a blockbuster movie like Pushpa 2 (5th Dec 2024) is a strong revenue driver. Pre-release hype and massive advance bookings point to record-breaking collections, expected to generate significant footfalls and F&B revenues for PVR INOX.
Brokerage View:
UBS has upgraded its target to ₹2000 with a BUY recommendation, reflecting confidence in the company's growth trajectory.
Forecast: ₹1000 crore opening day box office collection could provide a substantial revenue boost.
I hope this study helps & Happy trading.
Disclaimer
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