Jet Airways- Trend Line Break can make it move up.If falling trendline crosses & Jet Airways start moving above- we exit sell & shall look for c-wave in iv-th wave which can extend beyond 503 High. Larger Picture Trading Picture Profit Picture Previous Picture Longby WaveTalks883
Jet Airways- Looks down below 484 for 479-480Below 484- Likely it should continue down in the zone 479-480 & if it holds in that zone, then push till prior swing high can be expected in the zone 488-490. Larger trend is down but financial markets never move in straight line. Shortby WaveTalks443
JetAirways- Leaks from Triangle- Resistance@503Key Resistance -503 Post leaking from the Triangle, Jet Airways made a low@453 & retraced deep to current high@503 which is 61.8% ii-iii wave distance. Candle shows rejection in the zone 500-503. Likely we will continue in the final leg, possibly below 453- which will be confirmed once it starts moving below 486 -which could be a possible hurdle in the fall. Trading Strategy Risky Call- One can take this call taking 503+ few ticks above as stop - If prices go close to that level or wait for prices to fall below 486. The fall could take few days to complete or may be it happens at once. Regards, Abhishek H. Singh, CMT Previous Report - Look for Trendline Break 507-515 Shortby WaveTalksUpdated 446
TrendLine and Bearish ChannelStrategy:One can go short when price touches the above slant trend line..As RSI value was much differ when price touches 1 trend line it shows Jet is bearish.Also the channel is also bearish.One can set target up to 2 trend line. Please don't trade as I am in learning stage.Traders can give their expert comments. by nitin4951
JETAIRWAYSStock seems to be forming 5 wave impulse in downward direction. Some more downside possibly till previous low looks likely. Volumes at low are still low even in daily charts indicating buying has still not happened. Would look for divergence for confirmation of bottom.by StocktechyUpdated 556
Jet Airways- Bigger Triangle (Interesting Half of Year 2017)Since 2008 Highs @1048 -Jet Airways has been in range of 200 to 1000 -Yaa that range is big enough to trade on daily basis. Bigger Picture tells that it is triangle which is unfolding in JetAirways I shall look for the zone 240-260 as a golden opportunity in coming years -where the Intermediate Degree (E) -leg completes & as traditional analysis (A)-(C) trendline shall give support & shall end the (E) leg. So, Long term Trader should look for the zone of 240-260 as the pickup point for targets more than 1048 & Jet Airways Shall do Up--Up & Away in the next half of 2017. I shall come up with a short term update in which we shall try to get some trading opportunity. Regards, Abhishek H. Singh, CMTShortby WaveTalks8
jetairJetairways is consolidating in a Bigger triangle since last many years. On daily chart also there is a small triangle.Wait for breakout.by Manish_Kumar12
JET Airways short term long trade idea buy above the break of rectangle to be more safe Longby yuvrajsingh77220
Jet Airways Breaking out Downward Trendline (BUY)Yesterday, the price action broke out through the downward trending line on hourly chart, where it confirmed the retracement as well. Now today, it is been getting over from the previous break out levels that indicates trend continuation. I believe it shall reach to 61.8 retracement level of the said down ward move. Target: 580 Stoploss: 525 Longby NeeteshJain3
Jet Airways - Flying Higher, Breaking Up, Trending up Now the price action is building up momentum on 30 mins chart as observed. It shall move up to 564 levels. Stoploss 541Longby NeeteshJainUpdated 220