AbhishekHSinghCMT
Long

JetAirways- Will Double Bottom Give Bounce from 370?

NSE:JETAIRWAYS   JET AIRWAYS INDIA INR10
127 0 1
Double Bottom in the zone 370-372 zone if holds, then likely we can expect a bounce for Jet Airways in the coming session.

This scenario can play out once it holds above 370 & most likely if crosses 390 then it can go deep upside possible 420+ zones- which is premature now- so, keep a watch on the counter.

Leaking from the triangle
Jet Airways -Going Below 515 & 507- Down leg to Start
Trade active: 21:13 Hrs 17th Nov2016

It did not hold 370 & Made new low@ 360.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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