AbhishekHSinghCMT

Jet Airways- Harmonics + ElliottWave@351

Long
NSE:JETAIRWAYS   JET AIRWAYS INDIA
15
Double Brackets mean circled

I am still open for wave -2 completion which will be done with the push in the form of ((y))-wave in yet to complete wave-2 but this time we have a harmonic bullish crab pattern as well at lows@351- which can give us little confidence.

Trading Strategy
Either we will wait for prices to cross 360 & sustain above that level as the entry point or we look for entries close to the 351-353 zone with strict stops below 351.

Target Zone
Initial Target Zone once it crosses 365 shall be 375-377 - Next 385-387

Previous Update

Bigger Triangle Interesting Half of Year2017

Had the flight 507515 landed

Trading the turbulence@410-413

Bang on move -trading the X-wave from 381 to 367

Trade active: 11:08 Hrs 16th Feb2017

Last Price@362

What's happening in Jet Airways!!!
Trade active: 11:19 Hrs 16th feb2017

Last Price@360.20

Its struggling in 359-362- better we wait for 2-3 points more on upside & sacrifice some bit more. Either enter close to 351 may be in the range 352-355 or above 363-364 zone if sustains above.
Trade active: 15:20 Hrs 16th Feb2017

Last Price@364

Day's Low@356.50 -oooooooooo
Trade active: 15:24 Hrs 16th Feb2017

Picture of the Day- Jet Airways

Trade active: 08:28 Hrs 20th Feb2017

Last Price@369

we will hold this structure with trailing stops below 359-362 zone- so every time it dips in 362-364 & bounces back it will be seen up.

Trade active: 09:23 Hrs 20th Feb2017

Last Price@375

Day High@377.85

Reached initial target of 375-377 as suggested from 353-355 -- Almost 20 -23 bucks --Awesome!!!

Trade active: 09:44 Hrs 20th feb2017

Last Price@374.75

Now I am out of this call & shall sit outside to see how it reacts next.
Trade closed: target reached: 13:51 Hrs 20th Feb2017

Last price@385

Exploded upside. Missed -got stuck at work.

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

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