Discussed last week as to how jet might be in accumulation stage on a 10 year support level .
If the business is shut down ,why is it not going to zero ? High chances of a bounce back if in talks with other airlines , only time will tell .
Can go long above 150+ with stop loss of 120 and for targets of 200 .
TRADE NIVESH: Shares of Jet Airways NSE 10.34 % surged nearly 9 per cent in morning trade on Tuesday, snapping the losing streak of past three consecutive sessions, during which the stock had come off 41 per cent.
A Contra bet!
CMP: 165.75 (Red dotted line - Below PRZ)
PRZ: 167.5 - 171.50 (Black lines)
SL: 158 (Red thick line)
T1: 193 (23.6%) | T2: 208 (38.2%) (Blue lines)
T3: 220 (50.0%) | T4: 233 (61.8%) (Pink lines)
The charts posted by me are only for learning and not for trading purposes!
I am not responsible for any trade action taken by anyone whomsoever on the...
Jet Airways now in panic although it is in a great debt since a long time and its stock touched below 162.80 in few months ago in 01/10/18.
But some news like indigo/Qatar airways going to purchase some stake in the company boost its stock upto 130.00% but that news didn't come true
and its stock price falling day by day recent incident made condition bad to...
SWING TRADING SELL JETAIRWAY at 203 SL 248 TGT 117
NSE:JETAIRWAYS traded on NSE with 3 times its average trading volumes with Maribozu Bearish below ichimoku cloud. Wait for a bounce back to sell into JETAIRWAY.
PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
These are for study purpose and any live trade taken on this analysis will have to get...