JET has been respecting the neckline for a while, completed the inverse head n shoudlers.CUrrently on the neckline awaiting a breakout/reversal
Jet Airways CMP 670 Last time when the stock was at 522 we suggested Jet Airways having the potential to fly higher...Well it just SKYROCKETED... Now can we expect the stock to take a ground landing .. 630 / 600 are potential levels to look out for... Channel resistance at 696 /700 levels Take care & safe landing...(safe trading i mean)
JETAIRWAYS has been respecting the yellow resistance zone for a while. After a triple bottom it made a huge leg up into the yellow. Awaiting a Breakout / Reversal from that level.
probable cup and handle pattern. Can be bought at 474-488 for targets of 620,850,1000 sl 454
probable cup and handle pattern. Can be bought at 474-488 for targets of 620,850,1000 sl 454
Short JETAIRWAYS at CMP (488) T1: 475 T2: 460 T3: 440 SL: 503
NSE:JETAIRWAYS has corrected nicely recently falling from the levels of 590 to sub480. Jet airways seems to be respecting the support trend line. Stock made a dogi to signal the time for reversal. RSI of stock also suggest oversold stock. Buy Jey above 490 (aggressive buys can buy above 484 with high risk) Target - 530 / 540 / 580 SL - 470
Up trend in 15 Minutes Chart give hope for NSE:JETAIRWAYS , Reverse from support 479 will help to reach 500 target soon..
Lower levels does attract some value buying and this stock can be considered for a lower level buying opportunity. As the price treads into the support zone around the 6 month low and also combining at these levels are the lower channel of the downsloping Pitchfork that has arrested the prices and producing a rebound. One can look at this stock for some long...
one may go long please feel free to comment and follow
JETAIRWAYS is moving around a four month long neckline. Now in a breakout/ Reversal Zone
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
AB=CD pattern on Jet Airways on weekly timeframe and the price already started to fall. It may be late entry at present level but still it will fall further downside. Grab the seat on jet airways. Trade: Short - CMP Target 1 - 542 Target 2 - 505 Stop loss - 596
It is been observed on the daily and hourly chart that the price action is forming lower lows and lower highs, indicating a weakness in price action. Now, it shall further dip down to next support levels. It is a broadening wedge pattern. Target1: 580 SL- 595
Price seems to have found nice support near 370-380 zones on the weekly charts. Last week's rise seems to be an indication of buying interest at support. Once the levels of 430 is crossed on the charts, a short term move to 480-500 seems possible. Will consider for Long next week on a small retracement. SL below low of last week is a bit steep for my liking....
Here, i have identified a potential long setup in JetAirways. It's a short-term positional trade. CMP - 378 Date - 6 Feb 2016 I have written notes on chart to help you trade. Thanks. Will be updating you. Regards.
Although the stock is in down trend and even in the bull market it is making lower low but a short term long trade is possible on the basis of today's Bar which offers good risk to reward ratio. One can buy the stock for a target of 400-410 providing the stop loss of low of today on closing basis.