The daily chart of PC Jeweller Ltd shows a clear breakout above a long-term falling trendline, signaling a shift from a downtrend to bullish momentum. This breakout was confirmed by a sharp price rally, pushing the stock up to around ₹19–20 before facing resistance. The Relative Strength Index (RSI) surged into the overbought zone and is now cooling off near 65.80, indicating strong recent buying interest with some profit booking. The breakout level around ₹14.50–15 is now acting as a support zone, and a retest of this area could offer a low-risk entry opportunity. As long as the price sustains above the trendline and RSI remains strong, the overall sentiment remains bullish.