Pleasure to have you here. This is an analysis done for the Tickr, and potential in the Technicals.
In this Chart ,which has been slightly in uptrend and as soon as it crosses its resistance, OR is at support levels we will decide to make a position in the stock,
if you like the idea please like the post :) It will be a motivation to further such...
PCJEWELLER DAILY CHART
Breakout @ 36.20 Target 47-48 (MOB) Support 31-32 (Green ellipse)
This stock has witnessed a breakout @ 36.20 levels, target projected by MOB placed @ 47-48 levels.
Its only an observation & not any suggestion.
PCJEWELLER - PC Jeweller Ltd looks good above 36.25
SL 32
Targets 39-40-42-45
Price is shifting in upper direction slowly and gradually with volumes.
Holding period of a few weeks.
With the whole fiasco with SEBi, I'm not really sure how to view this stock...PC Jeweller was accused of insider trading...However I found this from last year:
indianlawwatch.com/supreme-court-overturns-pc-jeweller-insider-trading-case-order-by-sebi/
I could make a case that its is an ascending triangle and maybe with Diwali sales, maybe this stock can recover...
sept 5
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
when nifty turns bullish take trade
OBSERVE SWING RESEARCH
PCJEWELLER looks good above 27
sl 23
Targets 30-33-35-37
Holding Period Few weeks
Stock is running in a triangular channel since few weeks and today it broke the channel with good volumes, crossing today's high will be important.
PCJWELLER NSE is bullish if 32 holds. NEW 52 WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
This share formed @ Bullish Butterfly kind of pattern. slight deviations in standard pattern considered,in some wave measuarement. i. e xd. Expecting @ 34 rs. chart is purely for education purpose. not final verdict, on share price, it may very in price as well time. this is penny srock type.
Pc jewellers has come up post quarterly results, it has formed flat top pattern in hourly charts near the resistance zone of 32. If it crosses, 32, it could move up until 46.
PC Jewellers CMP - 30.70
Looking bullish in higher time frame. One can go for Swing / Short / Long Term Trade Setup with the following entry, exit & targets. V
Buy Range 28 - 29 / Stop Loss 23.50
Target 1 - 44
Target 2 - 57
Target 3 - 100
Disclaimer: This is my view and for educational purpose only.
This one looks interesting the G&G brothers decided to buy back their shares and went back on their decision to do so causing this to tank . ( wikki )
Technically this made a double bottom at 31 and then continued to 7.20ish from where its started to pick up steam.
So, am assuming these brothers know what they are doing and have decided to buy back their shares...
🤓
If you are wondering what was public shareholders favorite stock in summer 2018, this is it:
Obviously, what did you expect? 😆
Compared to the N50 which of course has crashed recently but apart from that in an uptrend:
I will translate a story from punjabi (nah I'm jk it's in english)
Buying aggressively a fast falling stock with lots of reports of...
