buzzing stocks-JETAIRWAYS below 554 has target 520

Jet Airways (India) Limited stock chart Jet Airways (India) Limited stock is trading at 553 with 2% loss. Stock is today’s top loser in F&O segment. Technically, JETAIRWAYS stock price trend and momentum both are bearish. We saw breakdown at 610 levels and downside targets are 554 and 520 out of which 554 is achieved now next target is 520 if sustain below 554.   JETAIRWAYS stock weekly chart suggesting, stock below 580 has medium term targets on downside at 540 and then 450. Monthly chart also suggesting same for longer terms.   in my view, Stock below 650 remain avoid and target are 510 and 250 for year 2016.

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Pramod Baviskar

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