PC Jeweller Ltd (NSE: PCJEWELLER) This has once again become the headline of the stock market and investors are closely watching it. There is talk of price momentum after month sideways. It has just emerged with the most volume in the mountain and hence it has come under the radar. In this analysis, we’ll break down 3 key technical levels that could define PC Jeweller’s short-term trend.
PC Jeweller Share 3 Key Technical Levels to Watch Now – NamosBull
1. RSI Near 60 – Positive Momentum
The Relative Strength Index (RSI) In daily time frame it is above 60 level which indicates a very strong movement
NamosBull View: Momentum is building, and RSI suggests buyers are in control.
2. Volume
If you look at the PC Jeweller chart, the volume is showing high volume for 5 consecutive days whereas it shows that PC Jeweller is now in control of the Bull.
3. What Traders Should Do Now
- Swing Traders: Can consider buying near ₹14₹16 range with a stop-loss below ₹11 and a target of ₹70+ if ₹19 breaks.
- Long-Term Investors: Should wait for confirmation above ₹17-19 before fresh entries.
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So This si my PC Jeweller Share: 3 Key Technical Levels to Watch Now – NamosBull
