SpiceJet- Have patience for break below 54-55

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The zone of 54-55 has held SpiceJet             for almost 9-10 months. Once it breaks below 54-55- SpiceJet             will also join the party with Jet Airways.

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Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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Good Projection,if it doesnt break 54-55 this time,what are the chances of upward movement?Just learning.A intermediate high is possible.Double bottom doesnt break then???
akdirect akdirect
@akdirect, Have poste dmy chart,pl correct.Would be highly obliged.A learner.
@akdirect, I cannot find your chart - send me the link- shall try late night today when i become little free.
@akdirect, It is jacked between 54-55 downside & above any long term bull movement shall not start unless D-swing high@95.30 is taken out on top. It will keep moving in this range that could be 5-6 months next
akdirect AbhishekHSinghCMT
@AbhishekHSinghCMT, Today broke high of 95.3 to touch multi year high 0f 96.Also closed above multi year high at 93.4.Next leg can we expect it to break all time high going forward.
Kindly reply and oblige.
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