AbhishekHSinghCMT
Long

PC Jewellers - As Pure As Emotions-Break Double Top@445 for 490

NSE:PCJEWELLER   PC JEWELLER LIMITE
693 9 16
Wishing You All, A Happy Akshaya Tritiya which shall be celebrated on 28th April2017.

Consumer demand is expected to be strong due to the wedding season and traditional custom to buy gold             on the occasion of Akshaya Tritiya.

Double Top Break Above 445 should take emotions to new high of 490-500 zone, but please keep a check on your emotions.

Crossing 500 -can attempt 515-520 zone & take a breather & celebrate Akshaya Tritiya with your near ones.

Previous Analysis - Old is Gold- 350 Holds

Trade active: 07:55 Hrs 9th May017

Closing Price@446

445 Trigger Point for Your emotions to move upside. Staying above 445 is important for PC Jeweller.
Trade active: 10:12 Hrs 9th May2017

Day High@459

Awesome - move in the first session of the day
Trade active: 10:25 Hrs 16th May2017

Last Price@459

Crossing for upside as expected above

Trade active: 14:45 Hrs 16th May2017

Last Price@459

Do not forget this stock -It is gold
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
what a bounce from 445.65
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PR5999 ashokakbari
@ashokakbari, Shooting Star on high shows it will come further down side, waiting for some correction will buy in between 435 to 440.. Lets see what happen..
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@PR5999, great! you wish fulfill today :) shooting star worked perfectly
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PCJEWELLER seems to have completed its complex corrective pattern @288 and might be in new upward movement. However, it may face resistance around 520-530 if it is about to continue its complex corrective further. As of now it looks more to be start of a new bull run in PCJEWELLER.
Thank you very much for digging out such script for us. Thanks very much. Regards.
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@sgor1980, I won't guess anything & any new pick only I will take above 530 on sustained basis or market will surprise you.
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sgor1980 AbhishekHSinghCMT
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Today we will see pcjeweller 426 to 418 range. . chart saying that it want to come down today.
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Thanks ,
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Gold and jewelry will bring money via stocks :)
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