the basic rule for Value Investing is finding Quality on Value, but I don’t see any quality in this stock.
it’s true everyone can’t see same thing, but if it’d be a quality Value Investor would have rushed to it.
Isn’t delivery quantity one of the only ways to figure out value investing? It probably is the only way which points to early accumulation?
How else do you differentiate panic money then smart money? To my understanding - the one going for demat (delivery qty) is smart money … isn’t it?
Anyhow, guess your analysis is doing pretty good for you as of now … PCJEWELLER just crossed 140.
delivery increased can be those who bought aginst sell order and could not sell as price dropped and wanted to sell at bounce, in simple words TRAPPED retailers. or manipulation as Sharekhan Report says
That looks like a very crafty story to me. I think ShareKhan should report that to SEBI if they really can back it up with proof. But I doubt that …
This doesn’t make any sense. Why would these so called TRAPPED retailers buy equity. Simply square off the position - for buying equity will have same effect. Precisely short covering.
i can’t verify that so i can just say if it is correct
when sudden crash happens freshers, people who trust company & those whose orders are not executed usually can’t/don’t exit and wait for their price, that why they are called trapped.
it’s not a new thing, you can see in market crashes earlier and think why people made losses and why they not exited earlier the same case can be here.
Yup … Made an absolute killing … 
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I would really like to know Anyone Planning to Enter in PCJEWELLER ???
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the news is out in the market as the report says
Haha … How did I miss that 
… Amazingly accurate.
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Considering today’s move … Can you please try and make one upside down … Lolz.
Sir, these are sacred patterns! They don’t form or made to be formed based and what you want. I post it like I see it 
this is the perfect scenario where we shld not bother toa plly TA or trendlines…
if PCJ has fallen from 250 to 100 in 3 months instead of days , some trendliner might have drawn another 500 lines for the same chart 
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Say all the obvious things man (fed to us via media) … But why so dismissive and negative. The guy nailed it and his way of identifying the reversal is worth looking into … in retrospect.
what’s furhter on monday on PCJ as it has been out of ban. Whether there wll be price bounce agan with respect to technical charts.
Half the people doing TA will say it will go up and the other half will say down.
what are you going to do?
I am having both views with 300 ce and 100 put. lets see.where this go
Well, I have a third view … But before I describe that … Ain’t I good?
Especially after -
and having it exactly there @ 200 -
Ain’t I good?
Well, I am not. I am just having a very lucky streak with PCJEWELLER and its like they say in Technical Analysis - “Past performance does not predict future returns.” So I have the right to be wrong here …
But my current view is it is going to stick around in 200s for a while. Just like PNB is doing in the 90s. The idea is rooted in Bollinger Band Squeeze and Bollinger Band Expansion and Bollinger Band Width. Keywords marked in capital for reference. You can read about it. Basically, periods of high volatility are followed by periods of low volatility. And it should sulk for a while … Though not declaring the record date for buy back can be a trump card brining back volatility when its declared.
TA Chart for reference. Hope it helps …
Let me know your view.
Disclaimer - As always, just my personal opinion. No recommendations here.
My view is very simple on PC Jeweler, short the damn thing till zero or till some very very good news comes out and we start seeing a turnaround.
Given its history of bad performance, i m not seeing any turnaround for it so far.
you can pick your choice of any TA short signals.
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