MotiSons Jewellers - A Bubble BurstMotiSons Jewellers has a bad jockey i.e. the promoters have a history of bad reputation & finally the bubble has burst now a days pump & dump & stock split is common modus of operandi to trap innocent investors.
Wave analysis & Volume profile suggest operator has dumped all stock in range of 27-31 now retailers will keep averaging till 12-9 range.
Jewellery
Vaibahav Global-Bottom fishing tradeVaibhav Global Limited (VGL), is in the business of global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK.
Logic: Stock is consolidating since few months after a huge fall and is trying to give breakout of consolidation. It can be a sign of accumulation breakout. It is a wedding season and stock can show some quick moves after a breakout.
Risky trade.
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