The reasons that support the above trade plan: Formation of bullish harami with a reasonable volume Support and resistance gives a green flag to the trade. Risk reward ratio for the trade is reasonable. From the long term perspective the spice jet is one of the best shot to be given. As the aviation is the most growing sector with respect to indian...
Spicejet getting oversold between 125-130. Target 139, 145 & 154 SL 123. Reversal confirms Above 133. SL: Lows of the day. Target said above intact. Risk Reward: 1:2 Admin, Gale.in
To All Members : SpiceJet seems Very Bullish On Current Scenario ... If It Closes Above 154 Rs. on Tomorrow , A Rally will Get Confirmation through Three White Shoulders Pattern {A Japanese Candlestick Pattern} ... Overall , Buy It for Targets of 180-188 Rs. ... Good Luck !!!
BSE:SPICEJET bounce back from trend line. also have double bottom support.
cmp 137 stoploss 133 trgt 148/152
Target 1: 145, Target 2: 150 and Stop Loss:135(strict stop loss)
good long bet. given Breakout. aviation sector is a good long term story.
FRIENDS , STUDIED ABOUT FIBONACCI RETRACEMENT ON YESTERDAY... GOOD LUCK IN SHARE MARKETS !!!
1. Spicejet went passed through first hurdle 2. Street is expecting good number on the back of Indigo's good numbers 3. target: Upperline (+/- a percent) on the channel Note: Please do your own analysis before taking a position.