Lessons like- Overcoming your fear, Enhance your presence of mind, Pay attention to small things & finally -fighting with the right attitude.
Short Term Bottoms in the zone 350-352
350- a key level works wonders & turns upside from 352, giving us vital information-what is that- It has become critical support for future sessions because that level has been holding for quiet a long time & bulls are returning back close to 350's.
Going below 350 -now for sure "PC" will have future problems. Short term opportunity could be seen once it starts moving back below 380 marks-so seller's could be interested as this move from 288 lows is all choppy & corrective in nature.
Against 350- Click The Chart & Load the Bar
Its a doji candle for the session means a candle which has hardly any distance between opening & closing price- that means buyers & sellers are confused -so kindly wait for market direction next -crossing high means shall move to next high or moving below current low & closing below that price -weakness is bound to come.
At 409- Wave -((y)) travelled 61.8% of wave-((w)) if sustains above 409 then hold your positions for 422-425 zone, which is next hurdle & 78.6% of wave-((w))
This move started right at the bottom 350 which was a key level for U-turn & PC Jewellers stock did so.
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw