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dravya
Feb 6, 2017 2:11 PM

JETAIRWAYS - Ready to take off ?  

JET AIRWAYS INDIANSE

Description

Here, i have identified a potential long setup in JetAirways.

It's a short-term positional trade.


CMP - 378
Date - 6 Feb 2016

I have written notes on chart to help you trade.

Thanks.
Will be updating you.

Regards.

Trade active

Trade active

Couldn't follow up well after initial rise. Made a high of 384.5 and a low of 373.25, our SL didn't get hit.

But the other trade for today , Marico gave good returns. Thanks.

Trade closed manually

Sl got hit. Closing the chart, doesn't interest me anymore.

Comment

Took off big time. but a little late and on re-entry.
Will have this in mind next time.

Comments
Rushabh95
Sir sl touch shall we exit or hold
dravya
@Rushabh95, exit. renter at higher levels.
Rushabh95
in trade @380
dravya
@Rushabh95, nice. I'm in at 378.
Rushabh95
@dravya, i late join bcs late i seen
dravya
@Rushabh95, np. It got cheaper later.
VijaySharma
@dravya, My SL triggered
dravya
@VijaySharma, yes, everything fell after the announcement. Sl does get hit. That's why we should limit our position size and risk.
AMBRISH
Take off,
dravya
@AMBRISH, yep, expecting a safe flight :)
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