AbhishekHSinghCMT

Jet Airways- Above 360 looking for a bounce

Long
NSE:JETAIRWAYS   JET AIRWAYS INDIA
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2
Holding 360 - if Jet bounces & travels upside first to 385-389 zone. Above 390 can travel to 410-420 zone- if this happens then we will conclude that 3rd wave is getting subdivided.

Key Support-360

Falling From Triangle
Trade active: 11:00 Hrs 18th Nov2016

Last Price@366

Early in the Bounce - Will this be Bullish Engulfing Pattern for Jet Airways to Fly Above

Bullish Engulfing Candle is Green Candle which engulfs prior red candle's real body -wicks or shadows are excluded or not taken into consideration.

We should keep a watch on this counter first it should hold 360-362 zone.

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

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Comments

Awesome analysis as always abhishek.wave theory at its best.
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@piptamil, Was it helpful
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piptamil AbhishekHSinghCMT
@AbhishekHSinghCMT, Yes completely helpful .Thanks.
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