Monday, April 02, 2012

jet airways..nice to buy

jet airways stock looks attractive to me at current levels. stock faced some resistance at 355 level but supporting nicely on its 20 sma from last few days. important thing to watch here is GOLDEN CROSSOVER. 50 sma line coincides with 200 sma. it is meant that stock is said to be in bullish momentum.. for intraday, buy the stock above 332.3 for the target 337 & more. above 355, there can be more buying potential in the stock. jet airways can also get benefited from the bad news of kingfisher airlines. positinal traders can buy the stock with SL 304. target 392
 

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