If Jet Airways sustains below 410-413 zone -likely selling pressure can be seen & initially could travel into 397-400 zone. Going below 410 -strict stops to be maintained above 419. Last update we had a bounce above 403 to expected close to 418.35 -if 418.35 would have held -it could have been selling trade keeping 418.35 intact.
Unfortunately, we should trade what happens & not what could happen- which is where trader gets trapped.
Previous Analysis
Going below 507-515
Monthly Triangle - Bigger Picture
İşlem aktif
15:00 Hrs 31st Jan2017
Day's Low@301.45
Selling from the zone 410-413.
Almost close to the target zone 397-400.
Not
15:10 Hrs 31st Jan2017
Sorry for the typo mistake again & apologies its 401.45 & not 301.45 as mentioned wrongly above.
İşlem aktif
22:23 Hrs 2nd Feb2017
Awesome!!!
Hot Knife in a Butter
İşlem aktif
18:52 Hrs 3rd Feb2017
Last Price@380
Day's Low@375
Again a down day -slowly it is heading down to 330 -that will be amazing
İşlem kapandı: hedefe ulaştı
4th Feb217
Last Price@379.15
Surpassed Target zone @397-400 - recent Low@375 on 3rd Feb2017.
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