BUY JETAIRWAYS 535-530 SL below 525 Target 575
JET AIRWAYS IS MAKING MULTIPLE BOTTOMS IN RANGE OF 520-530 AND BOUNCING BACK. I EXPECT IT TO BREAK OUT OUT OF DESCENDING TRIANGLE.
WORD OF CAUTION : NIFTY IS TRADING AROUND 8970 IN FUTURES SO WE CAN HAVE CORRECTION .
SO I WOULD GO LONG IN JET AIRWAYS AND HEDGE IT BY SELLING NIFTY CALLS OR FUTURES
WORD OF CAUTION : NIFTY IS TRADING AROUND 8970 IN FUTURES SO WE CAN HAVE CORRECTION .
SO I WOULD GO LONG IN JET AIRWAYS AND HEDGE IT BY SELLING NIFTY CALLS OR FUTURES
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