PC Jeweller closed today at ₹14.66, up around 9.4% from the previous close. The stock traded in a range between ₹13.37 and ₹15.38 during the session, showing strong buying interest and significant intraday volatility. The price surge follows better-than-expected quarterly results, with a 4% year-on-year rise in consolidated net profit and substantial revenue growth, which supported bullish momentum.
Technically, PC Jeweller is showing signs of a bullish shift with support around ₹13–14 and resistance near ₹15–16.70. A sustained move above ₹15 could open the path toward higher levels between ₹16 and ₹17. The stock has been forming higher lows and maintaining good volume, signaling strength. However, a breakdown below ₹13–13.50 would indicate a loss of momentum and potential short-term correction.
Overall, PC Jeweller currently exhibits bullish momentum with positive fundamentals supporting the uptrend, but it remains essential to monitor key support and resistance zones closely for trade decisions.
Technically, PC Jeweller is showing signs of a bullish shift with support around ₹13–14 and resistance near ₹15–16.70. A sustained move above ₹15 could open the path toward higher levels between ₹16 and ₹17. The stock has been forming higher lows and maintaining good volume, signaling strength. However, a breakdown below ₹13–13.50 would indicate a loss of momentum and potential short-term correction.
Overall, PC Jeweller currently exhibits bullish momentum with positive fundamentals supporting the uptrend, but it remains essential to monitor key support and resistance zones closely for trade decisions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.