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NISM Certified Research Analyst & Mutual Fund Distributor.

Saturday 9 March 2013

JET AIRWAYS

The counter is finding resistance around 635 level, a resistance at Golden Ratio. In recent past it is witnessing heavy volumes and successfully holding 511 level on a closing basis. What we sense is that the counter may witnes...s a big upmove once crosses 635 and gives consecutive closes above the said levels. Investors can either wait for the counter to cross 635 or they can enter at this point with closing Sl of 511...... TGT seems to be 680-700.............

 

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