Short
JET AIRWAYS : SET UP IN MAKING
1. jet has given a good upmove in 2017.
2. crude oil prices also at lows of the yr..
3. avaiation industry seeing a revivival where talks of tata group taking over AI is doing the rounds...
set up :
1. momentum has started to decline ...
2. m expecting a reversal from now on..no timelines ..i just trade setups...as of now i have marked my levels and waitng for signs of reversal...
1. will wait for red candle now with RSI divegence...
2. if i get that i shall enter the break of 20 sma on hourly chart and enter more once 20 sma on daily is broken...
RADAR ON..
DISCLOSER : no posn as of now but waitg....
2. crude oil prices also at lows of the yr..
3. avaiation industry seeing a revivival where talks of tata group taking over AI is doing the rounds...
set up :
1. momentum has started to decline ...
2. m expecting a reversal from now on..no timelines ..i just trade setups...as of now i have marked my levels and waitng for signs of reversal...
1. will wait for red candle now with RSI divegence...
2. if i get that i shall enter the break of 20 sma on hourly chart and enter more once 20 sma on daily is broken...
RADAR ON..
DISCLOSER : no posn as of now but waitg....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.