Glittering Jewels ahead on PC...???Refer Chart for details. Please note this is a positional / swing trade (not scalping / intraday)
PCJEWELLER trade ideas
PCJEWELLER Good for 430 440NSE:PCJEWELLER has given all time breakout with good volumes. It retraced into the channel and rejected it again. It can touch 430 440 in coming days. I trade options so no specific stoploss. I will exit when price volume action is against me or when my target is reached.
PCJ - Symmetric triangle break outNSE:PCJEWELLER has broken above the symmetric triangle giving strong momentum
Go long above 409.70
T1 - 443.30
T2 - 479.80
SL - 382.40
pc jwellers on watch of trend linespc jwellers may be bearish once it crosses the bottom trend line as rsi and smv shows mostly downtrend,but if crossess upper trend line may be bullish,levels of support and resistance are shown in graph.
Long idea Bullish Bat with improper ratio (PCJeweller)
A Bullish bat has been formed with improper ratio with more green candle a long setup can be initiated with the below mentioned prices
Entry-347
SL-333
Target 1-362.75
targer 2- 374(TSL being 362)
PCJewellers - Bull Flag!Priceaction has formed bull flag pattern. Buy above 353 with the stoploss of 349. Targets are 359, 366, 373 and 380. Swing trade.
PCJEWELLER - Bullish flagPCJ May resume uptrend after sharp correction, watch trend line break out go long for targets pf 355, 370.
PC Jeweller- Tgt 400++PC Jeweller looking good on charts. Breaking from bullish wedge. after bouncing from 50 DEMA. Even RSI indicator has bounced back above 30, generating a buy signal. If sustains abv 340,i expect stock to head towards 400 in Oct. We hold
PC Jewellers looks bullish, it is riding the wave 3.EW analysis in weekly, shows it is in wave 3 now, wave 2 was a flat correction, with a shallow retracement. So wave 3 should be extended here.
wave 3 projections shown here.
Formation of flag pattern, Buy above 355 Sl 330 Trgt 370-395Formation of flag pattern, Buy above 355 Sl 330 Trgt 370-395
Long after a pull back I am looking this stock is in strong momentum , i am looking for reversal near 334/330 and i will be going long with reversal sign with stop 325
Lets see how it unfolds
Regards
Confusing PC Jeweller, Make or Break.All in Chart.
Good stock for Intraday churning.
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Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Snapshot of Intraday levels.
PC jewellers - trade setup1. Tgt 1 - 253
Tgt 2 - 260
Sl - 240
1. Bullish turn from stochastic.
2 . That support lvl is also a 61.8 fib retracementlvl
PC Jeweller : Short Term Bounce ExpectedPC Jeweller is facing resistance at higher levels & has formed a Symmetrical Triangle.
Usually Triangles react as a spring & break either support or resistance.
Here we are seeing a divergence in RSI & also a Gravestone Doji type formation with the last candle.
I expect a short term Bounce towards levels of 260/266 within the triangle.
Buy with a strict SL of 241.
03 Jul 2017 :: PCJEWELLER :: BTST callBuy @ 504-507 target 520-524 Stop loss 498
Note: This is educational purpose, buy sell it's your choice.
Trendline Breakout on PC JewellerTrendline Breakout on PC Jeweller on 1hr chart and 498 to 502 level having range. Once the price cross the range and the it will move further upside.
Trade:
Buy above - 502
Target 1 - 511
Target 2 - 519
Stop Loss - 491
inverted cup and handle pattern breakout,shortinverted cup and handle pattern breakout,short if tomorrows market is moveing downwards
