Always need to be careful when 5 waves of a midcap/small cap stocks are complete or for any other stock . In good stocks there will always be wave extensions for eg HUL / HDFC Bank etc . and these will be difficult to count . So in brief it u see a stock where u can count 5 waves clearly over lets sat 5-7 years that stock is doomed .
It is been observed that the price action forms an Ascending Triangle pattern on Daily chart. Now, a close above 450 levels will take the price action further up to 460-470 levels. It is wise to enter once the price action breaks the triangle formation and close above. I'm positing this chart before in order to provide you a good opportunity in advance.
The daily chart for PC Jeweller shows cup and handle formation. This pattern when formed in a upward trend is a bullish signal. If it shows uptrend in coming days, it may move towards it all time high.