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indiamarketoutlook
Oct 27, 2017 5:49 AM

Jet Airways: Can it fly higher... Long

JET AIRWAYS INDIANSE

Description

Jet Airways
CMP 522.5

The stock has reversed and taken off in style from important support levels with higher volumes

The stock has gone above the red trend line giving signals of breaking out

On dips the stock can be looked for buying opportunity as it has important support zone at 503- 480 levels

A consistent close above 522 will increase its probability to fly higher towards 580 levels so keep a close eye on the stock and look for entry opportunity

This is a positional view


Take care & safe trading...!!!

Comment

Wowie...

Jet Airways flies to 569

cmp 562 up 7%

Booking profits may be considered as per risk appetite

enjoy
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