Kom igång
rahul.u.bhagwat

PC Jeweller : Short Term Bounce Expected

Lång
PC JEWELLER LTD (NSE:PCJEWELLER)  
rahul.u.bhagwat Uppdaterad   
NSE:PCJEWELLER   PC JEWELLER LTD
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
PC 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.
Kommentera:
Kindly Note that targets are 155 & 260. We could consider 266 if the triangle breaks on the upside. For the short term i expect the prices to test 155.
Kommentera:
Targets are 255 & 260. Typing error. Kindly ignore..
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.