Jet Airways at rock Bottom But..Bombay HC extends Naresh Goyal’s interim bail in ED case by two months But Make sure to be very fundamentals.
JETAIRWAYS trade ideas
jet airways bullishhigh volume price increase
target upper end of channel
for education purpose only
JET AIRWAYS WHAT NEXT?Its kind of bold to make forecast about bankrupt company, but fundamentals & news story aside which i have no idea about. Purely chart based analysis shows that on monthly chart jet airways made beautiful corrective structure for Upward C wave. which i am expecting. lets see when will we see it.
thanks & take care.
JetAirways bullish time aheadNear 28-29 July
This stock should start doing bullish moves....
High probability that it gets taken over and new bullish phase will commence ....at a particular price
Jet airway on strong supportJet airways has hit the support on weekly chart. expect it to bounce back soon.
JetAirways NSE 2H LongJetAirways NSE 2H - wait for the break above accumulation zone for long positiosn
JETAIRWAYS - 2H - Long Opportunity - Formation of BAT PatternJETAIRWAYS - 2H - Formation of BAT Pattern
Currently price is testing 200MA as a resistance. Price can move up to test 100MA after gaining the support of 200MA if it breaks 200MA on upside.
Stock shows formation and completion of BAT pattern. Minimum expected retracement if 38.2%
It is also showing bullish divergence on RSI and Macd for now.
NSE:JETAIRWAYS Sell For 20 Nov 2018NSE:JETAIRWAYS sell initiate for 20 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 316.05
Stop Loss : 322.95
Target : 304.25
Jet Airways 23 Oct 2018 sell in 30 min. with Fibonacci series following sell initiate
Sell Below : 206.85
Stop Loss : 217.2
Target : 198.3
#JETAIRWAYJet Airways :
Trade the Price gap between sellers and buyers :
Plan :
Buy above 284.4
Stop loss below : 276 ( Red Inside Bar)
Target 1 : 290
Target 2 : 299
Enjoy the Gap Trade!
May make an up turn.If the stock is able to close above 348 today and in short term crosses 378, bullishness may return. Presently left steep 1/3 descending line and in the process of consolidation.
JetairWays50 DMA crossing 200 DMA pushed the price down and now since 100 DMA has crossed 200 DMA, the breakdown is very much a possibility. This I posted in my previous post.
JetAirways, SupportThis chart tells us how 200 DMA plays a significant role in deciding the fate of a stock is association with 100 and 50 DMA. Price consolidated at 200 DMA but could not give an upward breakout. Then broke down, which was accelerated by 50 crossing 200 DMA. Now price has reached a logical support level which is holding for many days and if the same is broken down will lead the price towards 342. This breakdown has good possibility since 100 DMA is crossing 200 DMA on the downside. SL is a must. Major trend is down.
Jet airways- All three falls (marked as 1,3 and 5) are almost equal size.
- long term trend line support
- highly oversold
- 13 days of continuous red
I had also posted crude charts which are topping out and jet is at very important support. Hence could give a decent rally from here. Risk reward is comfortable
