Looks very bullish in next 2-3 Hold it. Hold PC jwellers you won't regret for next 2-3 years. as well as you can do swing trade till this Diwali.
PCJEWELLER trade ideas
Breakout # PCJeweller# PCJeweller
After a consolidation of 3 weeks, it is going to Breakout
Entry - 130 to 135
S/L - 109
Target - 250 +
Time frame - By end of May - June 2025
Breakout # PCJeweller# PCJeweller
After a consolidation of 3 weeks, it is going to Breakout
Entry - 130 to 135
S/L - 109
Target - 250 +
Time frame - By end of May - June 2025
LONG7 YEARS cup break out, weekly RSI Bullish. Fundamentals turning positive. long term investments can be a good option.
Trading Opportunity: PC Jeweller Ltd. Bullish Breakout If you're looking to trade PC Jeweller Ltd., consider buying at ₹108.71. The stock has given a bullish breakout, indicating strong upward momentum. Set a stop-loss at ₹98.10 to protect against any downside if the price pulls back. Aim for a target of ₹150, where you can lock in profits. This setup offers a favorable risk-to-reward ratio, with potential profits around four times the possible loss. Given the bullish breakout, this could be an excellent opportunity if the uptrend continues.
G&G Bros. 7X Quickie- Bring on the wedding season This one looks interesting the G&G brothers decided to buy back their shares and went back on their decision to do so causing this to tank . ( wikki )
Technically this made a double bottom at 31 and then continued to 7.20ish from where its started to pick up steam.
So, am assuming these brothers know what they are doing and have decided to buy back their shares slightly cheaper than before.I mean am sure they have a lot of gold and that's appreciated like crazy so that's a plus.
Also demand for Gold for weddings plummeted like crazy which i recon should return and so will the people buying gold nearer to its ATH.
Gut feeling says this should reclaim 31 then move to take down 58.65 after which 140 will be quick.
Again a share to buy and forget at 17 now with a slim chance of it coming to 14.45 where the 50 day is going to cross the 99 day on the daily. Stop loss again , wouldn't really bother at present however once in profit put a stop loss .
Position size decent bag which shall lighten along the way..
time frame : for some reason i'd like to say under a year however may take a wee while longer:) maybe cause i'm really bullish on gold ( emotion's )
CUP AND HANDLE PATTERNPleasure to have you here. This is an analysis done for the Tickr, and potential in the Technicals.
In this Chart ,which has been slightly in uptrend and as soon as it crosses its resistance, OR is at support levels we will decide to make a position in the stock,
if you like the idea please like the post :) It will be a motivation to further such ideas.
Disclaimer Note:-
1) This is just an analysis setup and no advice to trade/trade
2) If you are making position, please have your risk to reward analysis and then enter.
3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.
PCJEWELLER DAILY CHARTPCJEWELLER DAILY CHART
Breakout @ 36.20 Target 47-48 (MOB) Support 31-32 (Green ellipse)
This stock has witnessed a breakout @ 36.20 levels, target projected by MOB placed @ 47-48 levels.
Its only an observation & not any suggestion.
What to do about PC Jewellers?With the whole fiasco with SEBi, I'm not really sure how to view this stock...PC Jeweller was accused of insider trading...However I found this from last year:
indianlawwatch.com/supreme-court-overturns-pc-jeweller-insider-trading-case-order-by-sebi/
I could make a case that its is an ascending triangle and maybe with Diwali sales, maybe this stock can recover some of its lost glory....
Currently I have very small positions at 25-26-27 levels.....But i would not suggest anyone to take a position yet...This is a Hero or Zero call.....So those with limited capital or those averse to risk should stay far away from this stock, unless they start having a few profitable quarters...
PC JEWELLER 25% RETURN🔥🔥sept 5
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
when nifty turns bullish take trade
Hold 10-15 days and gain 70-80%Strong support level in PC JEWELLERS
Buy
CMP 24.65
Target 44
Good buying opportunity don't miss
PC JewellersWait for the pullback @ Discount.
If the risk to reward isin't in favor, do not take positions.
PCJWELLER NSE BULLISHVIEW ABOVE 32 CMP 33.10PCJWELLER NSE is bullish if 32 holds. NEW 52 WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
Pc jewellers daily breakout and cup and handle in monthlyLong for 3-4 months
possible breakout in weekly as RSI in daily is above 60
return: 4-5 times in 3-4 months
P. c. jewel.This share formed @ Bullish Butterfly kind of pattern. slight deviations in standard pattern considered,in some wave measuarement. i. e xd. Expecting @ 34 rs. chart is purely for education purpose. not final verdict, on share price, it may very in price as well time. this is penny srock type.
go long if it breaks 32Pc jewellers has come up post quarterly results, it has formed flat top pattern in hourly charts near the resistance zone of 32. If it crosses, 32, it could move up until 46.
PC Jeweller - Long PC Jewellers CMP - 30.70
Looking bullish in higher time frame. One can go for Swing / Short / Long Term Trade Setup with the following entry, exit & targets. V
Buy Range 28 - 29 / Stop Loss 23.50
Target 1 - 44
Target 2 - 57
Target 3 - 100
Disclaimer: This is my view and for educational purpose only.
Looking at NSE retail investors strategy🤓
If you are wondering what was public shareholders favorite stock in summer 2018, this is it:
Obviously, what did you expect? 😆
Compared to the N50 which of course has crashed recently but apart from that in an uptrend:
I will translate a story from punjabi (nah I'm jk it's in english)
Buying aggressively a fast falling stock with lots of reports of fraud and 0 institutional interest.
Maybe they can please insanity or several mental disability?
At least alot of those that retail sold the most (not short, just abandonned) are down a ton, ALTHOUGHT it wouldn't surprise me that they started buying as the price fell a lot.
We can look at a few other of retail favorite holdings nearly 2 years ago...
Alot of big gains in the past and then a crash. Basically the stocks which are the very best to short.
"Past performance is not indicative of future performance" is a sentence too complex to understand I guess.
Imma start a fund, set alert on retail picks, go short, profit.
Shorting stocks that are down 90% is probably one if the easiest ways to make money, probably the main issue is it does not scale obviously.
K that's enough for today. I am trying to imagine someone trying to convince me to try and teach traders and like I'd owe him one so I'm imagining myself "umm ok so biggest tip emm don't be complete idiots". I don't understand how this can have kept going for a century or more. When did "retail investing" become a thing? In the 1920s? Ye and all the problems started to appear then... Hitler etc. No one cares about the history, bunch of brainlets. Huge interest in finding out what the best indicator is and how much a day trader can earn. If these idiots ever make money I'm jumping off a cliff. Retail investing was nearly non existant in 1600-1800 right?
Goldman Sachs blames mom & pop investors for stock volatility (retail investing must be at ath by now)
www.marketwatch.com
I'll try posting about dumb money when I find data, I found robinhood users holdings and indian holdings, there must be more.
South Korea were all in crypto, so they must be interesting. They're supposed to be the country with highest IQ, would be funny to see what crap they invest in.
OOOOO It looks promising:
www.businesstimes.com.sg
www.straitstimes.com
😊
PCJEWELLER Buy the breakout!Buy the Breakout! Possible short term pcj may have bottomed out. Watchout!
