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Rajneesh Sharma CFTe

8th Jul 2025 Β· SEBI-Registered Analyst

πŸ’ PC Jeweller – Breakout with a Blowoff?

PCJEWELLER
πŸ” Chart Insights Big breakout from a long consolidation triangle. Price surged from ~β‚Ή13 to β‚Ή19 in just a few sessions. RSI hit extreme overbought zone (73+), signaling potential exhaustion. ⚠️ What’s Happening Now Sharp rejection from β‚Ή19 zone. Daily candle shows a possible blowoff top. Next key levels to watch: β‚Ή16.67 (support) and β‚Ή19.00 (resistance). πŸ”­ What to Monitor Holding above β‚Ή16.67 could sustain momentum. Below that, a retest toward breakout zone ~β‚Ή13 possible. RSI cooling off = short-term consolidation likely. πŸ“’ Disclaimer: This is for informational purposes only. Not a buy/sell recommendation. Positions may or may not be held. πŸ§‘β€πŸ’Ό Rajneesh Sharma is a SEBI-registered Research Analyst (INH000020332). πŸ“„ Investments are subject to market risks. Read all related documents carefully.

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