Stocktechy

JETAIRWAYS

Stocktechy Updated   
NSE:JETAIRWAYS   JET AIRWAYS INDIA
Stock seems to be forming 5 wave impulse in downward direction. Some more downside possibly till previous low looks likely. Volumes at low are still low even in daily charts indicating buying has still not happened. Would look for divergence for confirmation of bottom.
Comment:
Down as expected.
Call closed.

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