Flag and Pole. Pole height of 30 points Breakout zone 65 SL 55 Target 1 : 80 Target 2 : 95
Spice JET IS FUNDAMENTALLY weak stock risky to buy on fundamental but technically it is trading on support Stoploss of 15 and upside potential till 60
Points to note: 1. A STRONG DEMAND ZONE near the 34-36 range, formed and sustained repeated tests. 2. A (final?) TEST BELOW the zone attempted yesterday & rejected with vol., leading to belief that sellers have lost interest. 3. A DESCENDING TRIANGLE formed. Therefore, a good move can be expected. ____________________________________________________ Aggressive...
Spicejet The stock has struggled a lot in past but since September 2022, the stock has managed to hold on to the Bear onslaught. Financially still unhealthy, but with restructuring process due to be completed soon, and Oil prices cooling off, things may improve for the aviation sector going forward which can in turn help the aviation sector. If we analyze the...
share name : spice jet call type : positional or investment - share is forming a descending triangle pattern - moring star on c point on monthly time frame - we can see a good base on 61 it will definitely act as resistance if it will take out and price will form higher low . we will definitely see targets up to 61,108 126 as per gartley - we can...
SPICEJET - has reached a good demand zone of below 36 in previous month low, stock can be bought from 3-6 months perspective with a stoploss of 30 Rs on Closing Basis NOTE - consult your financial advisor before any investment decision
Spicejet - Long only when crossing 60 Educational purpose
High chance of break out entry at 60 levels can shoot up than 15 percent in short term disclaimer: not an recommendation just an education purpose
On the weekly chart, Spice jet bounces back from level 70 and showing a positive trend towards 100 level in the coming weeks. Short term target is 85 from the current level. Long term target is 90/100 in 3 to 6months. Buy between 75-80 and if the market anytime provides an opportunity to buy near to 70 then add more, as in long run you get more than 25% return or more.
Spice Jet has broken out from a resistance Zone. 90 and Subsequently 100 on the cards.
BREAKOUT ABOVE 85 ON WEEKLY CLOSING BULLISH . INVEST OR TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Spice jet broke a two year old trend line. Its ready to fly high. Also It broke from a symmetrical triangle pattern with huge Volume. Also it formed and broke a flag pattern in 30 minute time frame. Target 1 - 97 Target 2 - 107 Target 3- 152 Disclaimer - I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only
wait for candle close above dotted line and target of long being 84 stop loss will be lower red line
SPICE JET cmp 84.45 long with sl of 77 see chart for other details
Spice Jet is forming an ascending triangle on weekly time frame . It also formed a morning star pattern on support trendline . Rest one can understand from the chart itself.
It's been trading in range since inception and now the range is only of 10 points, any move above 85 will trigger a huge upside in the stock. On a smaller timeframe, any move above 76 will push it towards 82 and then 82 to 85 levels will be very crucial for the upside, One can initiate longs above 76 in smaller quantity and add more above 85 with SL of 65
{{Trade Setup}} : A Weekly symmetrical triangle is observed forming since Dec'20. Price breakout was printed on 13th Sep'21 supported by breakout volumes. After breakout & retest, price is sustaining outside the triangle range. {{Targets /SL}} : A safe entry can be initiated above 82.65. Targets are set as the triangle pattern height at 118. SL will be a weekly...