TradingView
HarshShivlani
Jul 3, 2017 1:17 PM

Spicejet Flag Pennat Formation/ Upward Channel Long

SPICEJET LTD.BSE

Description

Stock is an upward channel.
Broke recent resistance and now is consolidating in a pennant formation.
A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.

Comment

Trendline about to break.
Go short if stock goes below 110 on Monday for a target of 98 OR buy on bounce back.
More