PVR Inox eyes breakout, ₹1,031 close key for next rally phase

PVR Inox shares are showing early signs of a technical recovery, but the next leg upward depends on a decisive close above the ₹1,031 resistance level, according to SEBI analyst Lalit Mundhra. He emphasised that investors would show renewed interest in purchasing the stock once this resistance level is firmly surpassed.