AbhishekHSinghCMT

PC Jewellers- The jeweller kisses 425 & turns down- What Next?

Short
NSE:PCJEWELLER   PC JEWELLER LTD
6
From previous update 425 & above, it could extend till 435-445

Wave-((y)) travelled 78.6% of the wave-((w)) - & jeweler turns down just below 425 that was the recent high.

Trading Strategy
Going below 380 -some pressure could be seen in the stock for swing low@350 as possible support & break of 350 could take jeweler deep down.

PC Jeweller- Amazing!
Trade active: 16:21 Hrs 18th Jan2017

Last Price@380

Goes below 380 makes day's low@378

Trade closed: target reached: 20:25 Hrs 25th Feb2017

Last Price@377

350-354 was kissed in a choppy manner

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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