NeeteshJain
Long

JETAIRWAYS - FLYING TO NEW HIGHS

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
The plane has crashed :P
Reply
sir it formed evening star pattern isn't it a good candidate to short now ?
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NeeteshJain stalinsampras
@stalinsampras, Yes, but the trend is up. You can short once it goes below 600 levels. Good observations
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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
Pilot Announcement : Turbulence is Settled .. Ready for the smooth ride ..cheers ..
+2 Reply
@ravihls, hahaha Good one
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