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...
after a strong rally downwards post budget, the prices are consolidating and the investors are slowly picking up on the stock. The Stock is about ot go in an uptrend. Soon about to breach the narrow wedge formed for the past few days.
Disclaimer: Only for Educational and testing purpose.
STRONG SELL pc jeweller it is going to make a new 52wk low. Downtrend will be continue till 35.75. If the support will break then we have to assume historical low is 34.25 you can hold more stocks at price 36 . according to me we should take exit now till bear power ends.
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...
PC Jeweller Ltd. engages in the manufacturing, retailing, and exporting of jewellery products. It operates through the Export Sales and Domestic Sales segments. The company was founded on April 13, 2005 and is headquartered in New Delhi, India.