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WaveTalks
Oct 18, 2016 11:39 PM

Jet Airways- Channel Trading Long

JET AIRWAYS INDIANSE

Description

It should not move below swing low@452- key level or any move above 465.20 should be looked positive- rising channel can also be looked as good support.

Likely, we have a short term low@443 but going below 452 will open for complex correction in Jet Airways.

Trading Strategy
Look for price to move above 465.20 for further longs or channel support as buying opportunity keeping in mind -452 as key level.


Jet Airways- 507515 Flight Landed -Are you ready to take off?
Comments
vishalcfa
Divergence in daily too..
WaveTalks
Usually Divergence is a good indicator, but sometimes we should be careful as not all divergences work- can be taken as support
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