BUY PCJEWELLER ABOVE 310 TGT 320/330 SL 298
Market summary 10 APRIL 2018:
indices rose for the fourth straight session on Tuesday,
tracking gains in Asian peers as conciliatory-sounding comments from Chinese President Xi
Jinping helped soothe investor concerns about an escalating US-China trade
spat. Among the sectoral indices metal, banks, capital goods and basic
materials were trading higher, while auto, telecom, consumer discretionary
goods and services declined. MidCap inched up 0.06%, while SmallCap edged down
0.02%. Among indvidual stocks, Axis Bank country’s third-biggest private-sector
bank gained 6% and was among the top
percentage gainer on the NSE index. Axis Bank, ICICI Bank,
Adani Ports and Tata Steel were top gainers, whereas M&M, Hero MotoCorp,
HDFC Bank and Dr. Reddy’s Labs were among the major losers.
TECHNICAL
VIEW: PC Jeweller Limited is a jewelry company. The Company is engaged in
manufacture, retail and export of jewelry. The Company approximately has 41