Jet Airways is looking good on charts, after giving a good move in April seems to be just consolidating. The stock looks good if it crosses 524-526 and most importantly sustains above it. Buy Jet Airways only if it sustains above 524-526 with a stoploss of 510 on closing basis and look for targets of 542/550 in short term..
Stock View: Rajesh Expo
The stock has fallen from the levels of 122 to 74 in a quick time. The stock has shown some signs of bottoming out, it just needs to cross falling red trendline and sustain above it to give a fresh upmove. Buy RajeshExpo only if it sustains above 81 with a stoploss of 78 and look for targets of 85/92 in short term. The stock is still in a short term downtrend, we are just playing for a bounce so do exit if stoploss gets triggered.
Have a nice trading day
Regards
Ankit
Saw yr blog. Liked it. Distinct Nooresh imprint. You can do with less text commentary (commentary on the charts is self explainatory, rather charts themselves are full in themselves). Would love to talk to you. Give me a mail.
ReplyDeletealphabet1@rediffmail.com
Delhi
According to your suggestion of doing with less text commentary, Sir i would like to tell you that there are some visitors on the blog who dont understand charts and are concerned only with the recommendation that i give on the blog. So only for them i have to copy and paste the same thing what is posted on the charts. And you are absoutely correct in saying that charts are self-explanatory but this i only applicable to those who have some knowledge about charts.
ReplyDeleteThanks for visiting the blog. keep visiting again & again !!!