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SUPPLY AND DEMAND PVR DAILY

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PVR on daily chart current setup is looking that it gives a negative breakout although it is looking little late to take fresh short into this stock, what I identified is that 1830-1840 price earlier it acted a strong support or demand zone later it become resistance and after then when it take a breakout from that resistance it becomes it's support again now it breaks that support and closed below with good margins so that idea is that it could go some more down from here and can touch it's next support area and could give a bounce from there.

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