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)
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I am not responsible for any trade action taken by anyone whomsoever on the...
Price action is at the support level 156 - 160. If it is broken, it will fall towards 140 and 128. Sustaining the support will push the price towards 172, 180 and 186.
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...
Jet airways Daily time frame Analysis
Daily demand zone + Bullish Gartley
CMP 232.55
Buying Range 220 -205
SL 198
Add again if get 160-170 range
Targets 245-259-272-291+
![JETAIRWAYS: [Positional] Jet Airways John Templeton Idea](https://s3.tradingview.com/h/hHiw9ZMf_mid.png "[Positional] Jet Airways John Templeton Idea")
![JETAIRWAYS: [Positional] Jetairways 3BB Trade](https://s3.tradingview.com/y/ySDvPEED_mid.png "[Positional] Jetairways 3BB Trade")
