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...
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...
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