NeeteshJain
Long

PC JEWELLER - ASCENDING TRIANGLE FORMATION

BSE:PCJEWELLER   PC JEWELLER LTD
It is been observed that the price action forms an Ascending Triangle pattern on Daily chart . Now, a close above 450 levels will take the price action further up to 460-470 levels. It is wise to enter once the price action breaks the triangle formation and close above. I'm positing this chart before in order to provide you a good opportunity in advance.

Target 1: 460

Target: 470

Stoploss: 435

Regards
May 08
Trade active
May 08
Comment: Going Strong, Ascending Triangle breaks
May 11
Trade active: Stoploss is on closing basis. Regards.

Keep Holding.

Regards
May 11
Trade active: Stoploss changed to 430 on closing basis. Regards
May 11
Trade active: Now, it is in positive, cheers. Regards
May 12
Trade active: Back on track, now looking for Target 1 and Target 2 to be reached soon. Regards
May 15
Trade active
May 16
Trade active
May 16
Trade closed: target reached: Target 1 reached successfully. Regards

Comments

Sir It will make 500 In my opinion with in 1 to 2 Week
Regards
+2 Reply
@shiv2798, Yes, it shall reach to the said levels once it closes above 470 levels. Appreciate your input. Regards
Reply
How about entering the stock again? Back at around 450 levels, makes sense?
+1 Reply
@Siddhanth, Not at current situation, you may initiate once it goes above 460 levels. Regards
Reply
I am in ...still holding
+1 Reply
@samayra, It is trending up but due to market correction, it is not able to go up. Sit tight and it shall work out well. Regards
Reply
samayra NeeteshJain
@NeeteshJain, I am in...though nervous now..
Reply
samayra samayra
@samayra, Hi...what should be the short term target for futures?
Reply
Low of 432.45, is it SL Hit?
+1 Reply
@kawalgeek, Stoploss will be confirmed once the price action closes below it on daily chart. Regards
Reply
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