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RSI low/high Values: [ 25 - 80 ]
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AI Analysis of PVP.BO
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Green day on Friday for PVP VENTURES LTD. stock after gaining 2.72%
(Updated on Jun 14, 2024)

Buy candidate since Jun 12, 2024 Gain 7.83% PDF

The PVP VENTURES LTD. stock price gained 2.72% on the last trading day (Friday, 14th Jun 2024), rising from ₹28.70 to ₹29.48. It has now gained 7 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 6.58% from a day low at ₹28.27 to a day high of ₹30.13. The price has risen in 7 of the last 10 days and is up by 21.42% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 158 thousand more shares were traded than the day before. In total, 195 thousand shares were bought and sold for approximately ₹5.74 million.

The stockhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is ₹28.70, a level that may pose a second chance to hit a runner. According to fan-theory ₹37.72 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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PVP.BO Signals & Forecast

Mostly positive signals in the chart today. The PVP VENTURES LTD. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₹26.07 and ₹27.96. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 05, 2024, and so far it has risen 37.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for PVP VENTURES LTD. stock

On the downside, the stock finds support just below today's level from accumulated volume at ₹27.34 and ₹24.28. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, PVP VENTURES LTD. finds support just below today's level at ₹27.34. If this is broken, then the next support from accumulated volume will be at ₹24.28 and ₹23.07.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹1.86 between high and low, or 6.58%. For the last week, the stock has had daily average volatility of 1.84%.

Since the PVP VENTURES LTD. has been rising for 7 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stop-loss: ₹28.32 (-3.92%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 52 days ago.)

Trading Expectations (PVP.BO) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect PVP VENTURES LTD. to open at ₹29.29, and during the day (based on 14 day Average True Range), to move between ₹27.93 and ₹31.03, which gives a possible trading interval of +/-₹1.55 (+/-5.26%) up or down from last closing price. If PVP VENTURES LTD. takes out the full calculated possible swing range there will be an estimated 10.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹31.05 (5.33%) than the support at ₹27.34 (7.26%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is PVP VENTURES LTD. stock A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.

Current score: 3.285 Buy Candidate Unchanged

Predicted Opening Price for PVP VENTURES LTD. of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹29.29 ( 0.633%) ₹29.48

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PVP.BO

Fibonacci Support & Resistance Levels

Level Price
R3 31.15 5.68%
R2 30.44 3.27%
R1 30.00 1.78%
Price 29.48
S1 28.58 -3.04%
S2 28.14 -4.53%
S3 27.43 -6.94%

Accumulated Volume Support & Resistance Levels

Level Price
R3 35.55 20.59%
R2 31.52 6.92%
R1 31.05 5.33%
Price 29.48
S1 27.34 -7.26%
S2 24.28 -17.64%
S3 23.07 -21.74%

PVP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 19, 2004 Mar 19, 2004 Mar 19, 2004 ₹1.00 0.717%
2 Oct 29, 2002 Oct 29, 2002 Oct 29, 2002 ₹2.00 2.36%
3 Sep 24, 2001 Sep 24, 2001 Sep 24, 2001 ₹6.00 5.97%
4 Nov 01, 2000 Nov 01, 2000 Nov 01, 2000 ₹4.00 0.170%

FAQ

What is the symbol for PVP VENTURES LTD. Stock and on which exchange is it traded?
The symbol for PVP VENTURES LTD. is PVP.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell PVP VENTURES LTD. Stock?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.

How to buy PVP VENTURES LTD. Stock?
PVP VENTURES LTD. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PVP VENTURES LTD. Stock.

What's the current price of PVP VENTURES LTD. Stock?
As of the end of day on the Jun 14, 2024, the price of an PVP VENTURES LTD. (PVP.BO) share was ₹29.48.

What is the 52-week high and low for PVP VENTURES LTD. Stock?
The 52-week high for PVP VENTURES LTD. Stock is ₹43.20 and the 52-week low is ₹9.31.

What is the market capitalization of PVP VENTURES LTD. Stock?
As of the Jun 14, 2024, the market capitalization of PVP VENTURES LTD. is 7.677B.

When is the next earnings date for PVP VENTURES LTD.?
The upcoming earnings date for PVP VENTURES LTD. is Jul 31, 2024.
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