AbhishekHSinghCMT

Jet Airways- 507515 Flight landed- Are you ready to take off?

Long
AbhishekHSinghCMT Updated   
NSE:JETAIRWAYS   JET AIRWAYS INDIA
Finally Today Jet Airways landed @449- vow -completed its 5 wave sequence. Let Jet Airways Take off in a retracement to the leg, which started from 560's highs which was an e - wave of the X-triangle. We shall look for retracement 50%, which comes to 505 & 61.8%, which comes to 518-520 zone.

Larger Picture -A Triangle in Jet Airways-- we are travelling in y-wave as larger picture

Bigger View of the last leg in above mentioned triangle (looking for 507-515 trendline to break)

Leaks from the triangle on account of surgical strike

Magical Trendline-did not allow Jet to fly upside





Trade active: 12:15 Hrs 14th Oct2016

Trading@451

Jet trying to put the gear back- guys keep a watch

Trade active: 12:30 Hrs 14th Oct2016

Trading@456

Jet looks to fly -we will buy in a retracement of the current rally.
Trade active: 12:40 Hrs 14th Oct2016

Trading@460

Vow it looks so beautiful

Trade active: 13:30 Hrs 18th Oct2016
Trading@461

Critical Low@443- Bullish Engulfing Pattern right at the bottom good sign for reversal. Any retracement should be looked for bullish opportunities till 500-505 zones


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

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