Jet Airways- Down move from 483.5- CC

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CC- Choppy & Channeled

Jet Airways- One should really keep a watch for the leg, which is expected upside as the fall from 483.5 down looks very choppy & its moving in a channel. Any Move above the channel shall be our first clue for up move, but that one upside leg is missing- which I am very keen to see. Once we get that upside leg that will complete the setup for the larger downtrend to start & most exciting wave which will create waves.

Bigger Triangle-Larger Picture 2016-2017

Connecting Trendline 507 -515 broken for down move

Surgical Operations puts pressure

Pullback post surgical operations

Falling resumes post pullback-Holds Magical trendline & falls

Flight 507515 landed- Are you ready for take off

Looking for C-Wave upside

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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