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...
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...
Stock has given parabolic recovery after falling from highs.
Expect BULLISH Rallies in Coming Weeks with NSE:PCJEWELLER Moving towards 322 after closing above 175
Levels are mentioned in Chart. HOLDING PERIOD is around 3-4 months
As I see it , PC Jewellers might be doing a X wave after completing Y on 26th oct '18 . Although we can't ignore the possibility that it could be start of a disguised impulse after the completion of a larger WXY from ATH , its still a less possible outcome as the wave structure of this rally suggests otherwise. Volume looks better but it has started giving...
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.