Jet airways is landing down slowly and gradually. Unless it forms a double bottom at 338, it will fall further. As of now it is trending in channel. If the price can not sustain above 366 we can go short at the price 363 with stoploss of 367. Targets are 358 and 353. Happy Trading! https://in.tradingview.com/chart/QtD56IkU/
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First target has reached. Use trail stop to reach the next target.
Kommentera:
Achieved both targets :)