PVRINOX Plunges

PVRINOX on the 1-day timeframe demonstrated a sharp bearish move, successfully hitting all targets in a precise short trade setup. Identified using the Risological Swing Trading Indicator, this trade perfectly captured the market's downward momentum.

PVRINOX Key Levels:

Entry: ₹1520.80
SL: ₹1570.40
TP1: ₹1459.45 ✅
TP2: ₹1360.25 ✅
TP3: ₹1261.05 ✅
TP4: ₹1199.75 ✅

Technical Analysis:

• The trade initiated at ₹1520.80 with a calculated stop-loss at ₹1570.40, offering an impressive risk-to-reward ratio.
  
• The consistent downtrend was confirmed as prices respected the resistance levels marked by the Risological indicator.
  
• The achievement of all targets reflects the trade's efficiency and the indicator's accuracy.
  
• The break below key support levels and sustained bearish momentum ensured the targets were met seamlessly.