Feb 26, 2018

Is Price Pattern any indication of something wrong in Stock!

I was looking at Gitanjali Gems price over longer term. I see price pattern is very unstable when seen over very long term.

Price pattern of PC Jeweller over very long term is looking good:

I also see from very long Gitanjali Gems has not been rated by any rating agencies. So, are these indications to red alert us!

Recently PC Jeweller has corrected a lot and reasons are Vakrangee news and Nirav Modi. PC Jeweller has been given A1 and A from Crisil.