Spicejetlong
SPICE JET - Now time to flyshare 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 accumulate this share at current level with stop loss of 33 which is all time low of this stock
thanks
SPICEJET - monthly demand zone - near march 2020 lowsSPICEJET - 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
Will Spice jet test level 100 ?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.
SPICEJET MINIMUM 25% ABOVE 85BREAKOUT 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.
SPICEJET Ready to Take OffSPICEJET Ready to Take Off
Trading At Weekly Support.
Buy- Between 65-70
Sl - 60
Target 85 90 100
#SPICEJET .. Consolidation is happening.. Buy opportunity soonAll analysis is presented on charts. Added to watchlist.
To understand higher timeframe structure you can see below
Currently stock is consolidating as can be seen on the chart. The buy opportunity will present after strong bullish closing above 84 levels with good volumes.
Due to the monthly trend line i think tgts of 90 are more likely. At least price is going to stall there for a bit. If a breakout from the higher TF Sym Triangle happens then that can be hugely bullish depending on closing and volumes.
PS- Thank you @Averoy_Apoorv_Analysis for sharing this idea. I always like your content.
PPS- Link to the original idea is in the links below. Please refer to Apoorv's video for an exceptionally detailed explanation of what is going on here. I have tried to only build upon what Apoorv originally presented.
Want 30% mover then watch this 10min video - Analysis made easy👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
👑 ITs a very good analysis video as I will try to trade this in realtime with you guys of course risk is diff for diff people but trading quality matters, not quantity :)
Good luck keep it in your watch now
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
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🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
Long time no see Breakout | SpiceJetLets goo finally out of the down channel ... time to trade it :)
manage your risk...
positional hold till the near time high and SL can be near time low.
Long spicejet above 54. Will break almost 10 weeks high. Long spicejet above 54. Will break almost 10 weeks high.