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

Keep Holding.

Regards
Trade active: Stoploss changed to 430 on closing basis. Regards
Trade active: Now, it is in positive, cheers. Regards
Trade active: Back on track, now looking for Target 1 and Target 2 to be reached soon. Regards
Trade active
Trade active
Trade closed: target reached: Target 1 reached successfully. Regards
Hi Neetesh, the stock has given a huge run today....25% in one day is a lot. You think it is overbought now? Can enter a short trade?
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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
Neetesh ji what is sl on closing basis?
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NeeteshJain SatyamMishra
@SatyamMishra, Trade is closed, now you may enter 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
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