yuvrajsingh7722
Short

Jet Airways " potential short"

NSE:JETAIRWAYS   JET AIRWAYS INDIA
106 views
4
-As we can see a pin bar or inverted hammer pattern that denotes exhausted bulls.
-Target will be fib retracement levels

-And this could be the new impulse wave-1 to the upside, which I'll later on confirm.
Comment:
This will be how it seems to go as of now.
Comment: A minor correction its a "shooting star" instead "inverted hammer"
Trade active
Comment: book some profits here.

revised targets
Comment: a double bottom is getting formed in 15 min chart , if price tends upwards then will again short it as it fills the gap for T2
Trade closed: target reached: low 373
Comment: T2 also achieved

Comments

grt
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You took a good use of candlestick indication to initiate short. Well done Yuvraj, keep it up. Regards
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yuvrajsingh7722 NeeteshJain
@NeeteshJain, highly appreciated.. thanks :)
Reply
Yuvraji, perfect short....good one
Reply
@theeye, thanks
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