Momentum Pick: PVR’s current underperformance not full movie; wait for up to 40% potential upside

PVR stock has been under pressure for quite some time and is now trading near a crucial support level, brokerage firm Anand Rathi said in a note. On a daily chart, there is a solid base formation along with bullish regular divergence which is looking lucrative, the note said, recommending investors to go long in this stock. It has a 1-month view on PVR.

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