Monday, November 16, 2015

JETAIRWAYS

JETAIRWAYS

Jet airways is stock one have to look if you miss Indigo or if you under estimate FDI into aviation.
Even now time is not over. Still you have a choice to make and take entry into aviation space. Even if someone badly hit by KFA can recover the losses from same sector.

Looking at below weekly chart of Jetairways, stock is making continuously Higher lows giving a strong support at trend line shown in chart. Now stock looks ready for breakout. Buy the stock at CMP and wait for breakout or Enter after breakout on trend line. 364 can be SL for the stock to see 550/685/900 in coming days.

I see this stock can move faster as consolidation seems to be of 8 years.
If one can hold this stock strongly, one may see 1000 levels as well.


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