prashantk_geo

Shortng Jet airways below 240 for target of 160 - near term

Short
BSE:JETAIRWAYS   JET AIRWAYS (INDIA) LTD
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Retracement ( correction ) from 127% ( 183.80) to 100% (332.60) fibo is over and today it has broken below 61.8% (240 ) fib.
selling below 240, with sl 253 - swing trading for target of 215, 206, 189, 160
Trade active: Supportive factors - on weekly chart , it has formed bearish harami
Trade closed: target reached: 1st target achieved today

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