Jet Airways Breaks Trendline to Take Off Long

JET AIRWAYS (INDIA) LTD.BSE

Description

⋅ Dec 30, 2016 5:16 AM

It is been observed on the daily chart that the price action breaks above the downward trendline and it shall now move forward to 38.2% and 50% retracement levels.

Target: 355

Target: 360

Stoploss: 341

Trade active

⋅ Dec 30, 2016 7:34 AM

Trade closed: target reached

⋅ Jan 2, 2017 8:29 AM

Target 1 reached successfully. Regards

JETAIRWAYS breakout

Comments

Dayanandan

⋅ Jan 2, 2017 11:52 AM

Great Neetesh.Target achieved.
Keep it up
Regards,

NeeteshJain

⋅ Jan 2, 2017 2:33 PM

@Dayanandan, Thanks, Regards

dev_trader

⋅ Jan 2, 2017 7:18 AM

Looks like 1st target achieved. Cheers ! :-)

rajesh2467

⋅ Dec 30, 2016 11:21 AM

Neetesh'ji, Thanks for posting.

rajesh2467

⋅ Dec 30, 2016 11:20 AM

I would like to wait till it breaks 23.6 Fib. last 5 days range not broken with volume surge.

NeeteshJain

⋅ Jan 2, 2017 2:32 PM

@rajesh2467, Today It reached 23.6 Fibs levels. Regards

venkaticr

⋅ Feb 28, 2017 1:40 PM

Can we go for short in March as it rallied nearly 100 points.

bakibilla

⋅ Jan 2, 2017 8:33 AM

SIR CAN I HOLD IT ? NOW JET IS SHOWING BIG MARUBOZU CANDLE .

NeeteshJain

⋅ Jan 2, 2017 2:33 PM

@bakibilla, Do you want to invest or trade this one?

bakibilla

⋅ Jan 3, 2017 3:40 AM

@NeeteshJain, Trade, i like swing trading.