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Trade-Technique

PCJEWELLER detected buyers and price attraction by buyers

Long
PC JEWELLER LTD (NSE:PCJEWELLER)  
Trade-Technique  
NSE:PCJEWELLER   PC JEWELLER LTD
Trend Analysis Wave Analysis Beyond Technical Analysis PCJEWELLER india nse trade Stocks intraday intradaytrade
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trendanalysis waveanalysis beyondta pcjeweller india nse trade stocks intraday intradaytrade
Buyers already attracted this stock to buy at 52. and the CMP is at 60.

  • We expect a price spike on this stock for target 74-77 first one.
  • There are two strategies for entering into this stock, 1). buy between 55-58 with stop loss of 52 and 2nd). buy above 63.7 above and wait for the target.

--> I don't not use Fin Retracement theory on all stocks but when require then it will give us perfect trade. I used Fibonacci Analysis: Bloomberg Market Essentials: Technical Analysis theory. I have studied and price for 1.5 years.
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