shiv2798
Long

PC Jeweller Long

NSE:PCJEWELLER   PC JEWELLER LIMITE
76 4 4
The stock have broke the long term range bond
the range was from 2015 till date due to which it went spike so high , but for safe trade i must ensure the brake out stand still after retesting the brake out level
Waiting for retest and hold the level for entry
If stock holds the brake out level then can go up 650 as long term view
Regards
Trade active: stock is holding the level and seems it will not come down easy , so little risky trade with stop as 480 i am looking to log in
Regards
Trade active: I am looking to buy at 485 with stop 480
any price buy above 485 is risky and not worth to take risk
Regards
Comment: Managed to get on board at 496 which was costly then 485 but can not help , it closed above the long term brake out range ,
Lets ride till it moves
Regards
Trade active: Keep going from 496 to 548
Regards
Trade active: Booked My Profit on 535 from 496
Now the stock have tested the Support line , Next week it should open with positive Demand
Regards
Trade active: Those who missed the entry , can enter with strict stop
Regards
Hi Shiv, is 493 the break out level which needs to be tested
Reply
shiv2798 samayra
@samayra, yes sir after tested it has to hold or if failed then it false bo
Reply
shiv2798 samayra
@samayra, i am buying at 485 with stop of 480 , any buy before to it would be risky , and i do not advise to take risk if you are not a matured trader
Regards
Reply
samayra shiv2798
@shiv2798, Thanks Shiv...i also spotted the same.
Reply
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