PVRINOX - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

📊 Technical Analysis Summary

• Trend Status: Trending upward
• Current Price: ₹1,207
• RSI (65.4): Bullish zone — approaching overbought
• MACD (29.0): Strong bullish crossover — upward momentum confirmed
• Volume: Slightly below average (4.2L vs 4.7L) — moderate conviction
• DMA 50/200: Price above both (₹1,121 & ₹1,113) — bullish trend
• Bollinger Bands: Price near upper band — resistance likely near ₹1,250

📈 Entry & Exit Zones

• Support Levels: ₹1,180 / ₹1,140 / ₹1,100
• Resistance Levels: ₹1,250 / ₹1,320 / ₹1,400
• Optimal Entry: ₹1,180–₹1,200 (on pullback)
• Exit Target: ₹1,320–₹1,400 (if momentum sustains)

✅ Positive

• Strong MACD and RSI — bullish technical indicators
• Price above key moving averages — trend confirmation
• FII holding increased by 2.09% — foreign investor confidence

⚠️ Limitation

• Volume slightly below average — momentum may be softening
• Debt-to-equity ratio of 1.04 — high leverage
• Dividend yield is zero — no income support

📉 Company Negative News

• ROCE (2.47%) and ROE (-4.60%) — weak capital efficiency
• EPS is negative (-₹3.63) — profitability concerns
• DII holding declined by 1.17% — domestic investor caution

📈 Company Positive News

• Quarterly PAT improved from -₹51.2 Cr to ₹104 Cr — 938% turnaround
• Stock up 48% over 52 weeks — strong recovery

🏢 Industry

• PVRINOX operates in the entertainment and cinema exhibition sector — cyclical and event-driven
• Industry P/E is 189 — high valuation norms due to recovery expectations
• Sector benefits from post-pandemic demand surge and blockbuster releases

🧾 Conclusion

• PVRINOX is currently trending upward with strong technical signals
• Entry near ₹1,180–₹1,200 may offer upside toward ₹1,320–₹1,400
• Valuation remains stretched and profitability is recovering — suitable for momentum traders