NeeteshJain

JETAIRWAYS - FLYING TO NEW HIGHS

Long
BSE:JETAIRWAYS   JET AIRWAYS (INDIA) LTD
It is been observed that the price action breaks above the resistance zone of 610-620, which is now become a support levels for the further move up. Indicating buyers comeback after a short consolidation.

Target 1: 650

Target 2: 660

Stoploss: 610
Trade active
Comment: Back in Green, slight bad weather during take off due to windy outside. Now, it clouds are clear and it may take off nicely from current levels. #marketstories
Trade active: Pilot did good work and now reaching towards destination(Targets)
Trade active
Comment: Stoploss revised to 604
Comment: 600 is the last support to hold buys in Jet Airways
Trade closed: stop reached

Comments

Pilot Announcement : Turbulence is Settled .. Ready for the smooth ride ..cheers ..
+2 Reply
@ravihls, hahaha Good one
Reply
Back in Green, slight bad weather during take off due to windy outside. Now, it clouds are clear and it may take off nicely from current levels. #marketstories

... loved it :)
+1 Reply
The plane has crashed :P
Reply
sir it formed evening star pattern isn't it a good candidate to short now ?
Reply
NeeteshJain stalinsampras
@stalinsampras, Yes, but the trend is up. You can short once it goes below 600 levels. Good observations
Reply
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