PCJEWELLER is again in narrow Bollinger Band squeeze which happens repeatedly with this stock (red arrows) and then it breaks out explosively up. RSI and volumes show nothing significant as of now. BB squeeze can lead to massive up or down break. Waiting if it will breakout again this time.
#renukasugars #kotharisugar🚀🤞 #hfcl #rattanenterprises #hblpower #pradeepphosphate #msumi #pcjwellers #kalyanjwellers #autolineindustry all stocks hv strong potential to gain atleast 30-50% in short period. educational purposes only .
A very strong Break out has been on the charts of PC jewelers along with a rounding bottom pattern. Long above 37 for the target price of 50-60-65 with SL of 25. This is for your educational purpose only.
Educational: Bearish harmonic in making. Short term bearishness with Fib levels marked expected by last week of July.
This analysis is totally based on Elliot Wave theory and Volume profile As per Wave theory, We have entered into wave 3 which has just started. Target 1(wave 3 completion) - somewhere around 75 Wave 4 should take it back to level 44 (Good support calculated based on Fibonacci and Volume profile ) Target 2(Wave 5) - ~ 160 range (based on fibo levels and volume...
perfect upward triangle bo above 31 can lead it to 45 -55 in a year
VCP formation is going on in weekly chart. Good rally can be seen once 33 level is crossed. Pilot position on assumption of breakout can be taken at CMP with SL of weekly low
21 MONTHLY EMA IS AROUND 31. ANY BREAK OUT ABOVE THAT can take it to 41 -45 - 53 level or even higher. next 1 year will be interesting
PCJEWELLER is forming a cup and handle patter on the weekly chart along the downward sloping trend line. RSI is also above 50 indicating bulls are in control. We will be watching for the signs of breakout from this line. A successful breakout would have a price target of 45 based on previous support/resistance.
PCJWWEL SHORTTERM CAN BUY ... FOLLOW TARGETS
1. Seeing gold reversal from low this script looks good short to positional calls. 2. stop price for long position 20.68 needs to be consider 3. short term Target 34/35 Other Technicals:- rsi (14) 62.809 buy macd (12,26) 0.600 buy adx (14) 23.660 neutral williams %r -34.694 buy atr(14) 1.6321 less volatility highs/lows(14) 0.4143 buy roc 5.932 buy bull/bear...
There has been a delivery based selling in the PCJ share price. The 5 day average delivery percentage has increased from 14 in October, 2019 to 32 in December week 1.The price has been going down indicating there is a chance of delivery based sellig off. The target for coming days is 20.40.
Hello traders, the PCJ chart is pretty simple and growing strong day by day, the market is in a strong accumulation zone you can see everytime it touches the lower zone the buy volume spikes and then the price remains in a same range, which means a lot of shares are exchanging hands without any further increase/decrease in price( Yes for short traders prices are...
Everything in chart mentioned.
No more require to write about this stock. You are a better trader to understand the reason why I am buying this.
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...
HI TRADERS THIS IS MY 3RD ANALYSIS AS PER ME PC JEWELLERS ARE BREAKS THE RESITANCE AND CAME DOWN . IT IS BREAKS AGAIN GO FOR LONG WAIT UNTILL RESITANCE BREAK . RISKY TRADERS GO LONG . THIS IS PURLY MY OPENION NOT FOR ADVICE . THIS IS FOR EDUCATIONAL PURPOSE ONLY FINAL DECISION IS YOURS .