Jet Airways- Above 360 looking for a bounceHolding 360 - if Jet bounces & travels upside first to 385-389 zone. Above 390 can travel to 410-420 zone- if this happens then we will conclude that 3rd wave is getting subdivided. Key Support-360 Falling From Triangle Longby WaveTalksUpdated 332
JetAirways- Will Double Bottom Give Bounce from 370?Double Bottom in the zone 370-372 zone if holds, then likely we can expect a bounce for Jet Airways in the coming session. This scenario can play out once it holds above 370 & most likely if crosses 390 then it can go deep upside possible 420+ zones- which is premature now- so, keep a watch on the counter. Leaking from the triangle Longby WaveTalksUpdated 2
Jet Air making trianlges ofterJet air seems to have broken down from a triangle after the stock broke out of the multi week multi month triangle on the upside. The lower trendline of the previous triangle may act as good support.300-320 seems good buy priceLongby Manish_Kumar13
Jet Airways- Have we started 3rd waves?The fall from 562.40 to 443 which was wave-1 retraced 38.2% in 488 was a good opportunity for taking sells or a break of 450-453 zone was another chance for taking sell positions as updated in previous updates. In the zone 360-365 it will measure equality distance travelled in wave -1 down from 562.40 to 443 -which will be minimum distance- it should travel atleast. Shortby WaveTalksUpdated 1
Trting to find a wayoutPrefer a stop loss @510. Going above 510 may take it towards 630 levels. CMP 484.45 Target 1 441 Target 2 354 Stop loss 511Shortby EatsleeprepeatUpdated 225
Jet Airways touching long term support 435.90Jet Airways trading in bearish channel trend since last six months, it has touched long term support today and also form a bullish hammer indicating the bullish move, it may go upward from 428.75 with a target of 510.00 in near term, trader may go long in this stock at CMP, before entry do cautious the breakout downward if it breaks support then it will further do down, exit will small stop loss if breaks 428.75.Longby nextgen2
Jet Airways -Going Below 515 & 507- Down leg to StartAlways be careful of the levels mentioned. It's the final leg (E) which is unfolding as per larger picture & previous update in Jet Airways. In the short term, there too is a triangle in X-Wave. Trading Strategy Either I will take short when prices come & touch the (a) -(c) trendline in the x - wave triangle which comes in the zone 590-600 Keeping in mind c-wave high@626 should not be broken on top & also first I will see whether (a) -(c) trendline is offering resistance or not & then likely I will take short with key & critical resistance at 626- going above that shall negate whole structure. Or Going below 507 - surely there will be selling pressure & likely we will see 240-260 zone in coming months Shortby WaveTalksUpdated 191915
Jet Airways- Bang On for Restart- Did Oil Started Leaking?Last Price@434.50 Going below 450-453- It was suggested that Jet could be in trouble- Did Oil started leaking Shortby WaveTalks2
Jet Airways-Bounce back is done at 488?Going below 450-453 zone will confirm that new down leg could start. At 488 mark -Wave A-B-C combined retraced 38.2% of the fall from highs of 562 to 443- can be possible if it is the more bearish case. Likely we want Jet Airways to move below 450-453 zone to give us more confidence. Shortby WaveTalksUpdated 222
Jet Airways- Can 100% FDI in Aviation Industry will give C-Wave?India has decided to allow overseas entities—excluding airlines—to own 100% in domestic airlines as it seeks greater foreign direct investment (FDI) inflows into the country. While the foreign airlines are keen to have a 100% stake in Indian airlines, they have been excluded & the news that they could inch closer to this deal will keep them elated & excited - most likely shall give us our required C-Wave which retraces 50% of the fall from 562.40 highs to 443 lows in the zone 500-505. Channel Bottom- Can it work Longby WaveTalksUpdated 3
Jet Airways - Channel Bottom -Can it work for Jet C-WaveTrading@456.50 This mid session was all bears- bulls will be excited if they get last half. Jet on a channel bottom can it bounce from 455 lows.Longby WaveTalks5
Jet Airways- Down move from 483.5- CCTrading@461.50 Please vote to get MCX & NSE FO data on TradingView - Ask for the link in common chat room where trader colleagues are discussing about markets. CC- Choppy & Channeled Jet Airways- One should really keep a watch for the leg, which is expected upside as the fall from 483.5 down looks very choppy & its moving in a channel. Any Move above the channel shall be our first clue for up move, but that one upside leg is missing- which I am very keen to see. Once we get that upside leg that will complete the setup for the larger downtrend to start & most exciting wave which will create waves. Bigger Triangle-Larger Picture 2016-2017 Connecting Trendline 507 -515 broken for down move Surgical Operations puts pressure Pullback post surgical operations Falling resumes post pullback-Holds Magical trendline & falls Flight 507515 landed- Are you ready for take off Looking for C-Wave upside Longby WaveTalks3
Jet Airways- Looking for C-wave upside to 500-505 zonesTrading@466 Likely -I am looking for that upside wave close to 500-505 zones as expected earlier- Taken a shape of A-Wave from 443 lows to 483.50 highs than a fall from 483.50 to 462.60 so we are close to start another wave upside which will finish that required time wise correction. Longby WaveTalks114
SHORT JET AIRWAYSLooks like a Intraday Shorting opportunity in Jet. Also broken a trend line support. It has taken the Fib Retracement resistance now. Highlighted the targets and SL area. Target 1- 453Shortby Singh_Siddz2
Jet Airways- Larger Trend is downAs explained earlier, it is a recovery rally to low made@443 from highs@562- expecting a bounce atleast till 500-505 zone- one should understand trading corrective waves is always will be tough. Trading Strategy Either wait for the bounce in the zone 500-505 for a bearish opportunity or going below 452-450 will indicate pressure in the stock & by that channel will also break to the downside. The bounce which started from 443 - I assumed it will be good upside, but my hopes are crashed as it has taken so many days & not giving big moves. Short tern wise look to trade the channel break either side. Previous Update- Flight 507515 landed- Are you ready for take off? by WaveTalks223
Jet Airways- Channel TradingIt should not move below swing low@452- key level or any move above 465.20 should be looked positive- rising channel can also be looked as good support. Likely, we have a short term low@443 but going below 452 will open for complex correction in Jet Airways. Trading Strategy Look for price to move above 465.20 for further longs or channel support as buying opportunity keeping in mind -452 as key level. Jet Airways- 507515 Flight Landed -Are you ready to take off? Longby WaveTalks223
Jet Airways- 507515 Flight landed- Are you ready to take off?Finally Today Jet Airways landed @449- vow -completed its 5 wave sequence. Let Jet Airways Take off in a retracement to the leg, which started from 560's highs which was an e - wave of the X-triangle. We shall look for retracement 50%, which comes to 505 & 61.8%, which comes to 518-520 zone. Larger Picture -A Triangle in Jet Airways-- we are travelling in y-wave as larger picture Bigger View of the last leg in above mentioned triangle (looking for 507-515 trendline to break) Leaks from the triangle on account of surgical strike Magical Trendline-did not allow Jet to fly upside Longby WaveTalksUpdated 11116
JETAIRWAYS - BREAKOUT DESCENDING TRIANGLE (SELL)It is been observed that the price action broke out of the Descending Triangle on daily chart after a short consolidation highlighted in blue. That breakout made a Lower Lows at 453 levels from previous Lows made at 477, therefore it indicated bearishness. Now, the price action has made a New Lower Low at 448 levels, signaling higher weakness and prices fall ahead. Target: 400 Stoploss: 505 Risk Reward: 1:1 Shortby NeeteshJainUpdated 225
Jet AirwaysTrade on either side of the breakout. I feel chart speaks for itself this time. by yuvrajsingh7722Updated 223
Jet Airways- Magical Trendline Yet again this trendline is so beautiful that Jet has paid respect to that line. Last traded at 465 lows -very close to the prior lows likely could be v-wave developing or b-leg in iv-wave once it crosses the trendline stays above or it goes below 453 lows to finish below 453. Shortby WaveTalksUpdated 223
Jet Airways:- Long TradeBuy now in small quantity with SL of 460. Add on to it once the candle closes above trendline. Target 1:- 500 Target 2:- 520 Small SL of 460 Longby Singh_Siddz2
Break of trend line should give a decent movement either side.Break of trend line should give a decent movement either side. BE PREPARED. 20 POINTS MOVEMENT COMING SOON.by Singh_SiddzUpdated 0