260 and 157 are very important levels. A close above 260 or below 157 on weekly chart is going to determine the direction of further trend.
pcj can be a good long if it sustains the current level.fundamentally this is very risky but can give good rewards. Personal View Only for Educational and study purpose.
Buy PCJeweller Equity - 700 Qty at 98.95 Sell PCJeweller 120 CE - 1.65
Betting on the gap. What do you think? Already longed though.
Trend channel on PCJ
PC Jewellers is a highly volatile stock and trading not recommended for amateurs or weak hearted. However it has shown a consistent uptrend in the last few trading sessions, which could be result of the buy-back procedures and voting in progress. However, it does show a likely hood for a bounce, which may be a correction after the last low in the 120s range.... ...
PCJ is having momentum. Sell PCJEWELLER18JUN150PE at 19.5 with stop loss at 30 and take profit at 0.
Buy @140 S/L 137 Targets are 145, 150, 160 Sell @ 134 S/L 138 Targets are 128, 124, 120
Buy above 135 with the stop loss of 132.5. Targets are 138, 141 and 144.
PCJeweller is a Buy Setup after a zigzag correction for a target of around 320 with Stoploss at around 138. Volatile Stock so trade based on your Trade Plan and Money Management Rules..
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 17-May-2018 for PCJEWELLER Buy Above: 173.1 for targets - T1: 174.4 T2: 175.2 T3: 176 SL: 171.7 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before...
SELL at CMP 200 with stop at 220
Buy above 182 with the stop loss of 178. Targets are 186, 190 and 194.
A video tutorial explaining the trading strategy for volatile stocks like PC Jewellers. PC Jewellers has been studied in this video tutorial. The video emphasis and shows use of tools like Support Resistance, Trends, Patterns(Flag Pattern) and the Ichimoku Kinko Hyo Indicator