In the current set up stock has the potential to rise up to 360 / 400 levels. Important for the stock not to breach support at 260-266 zone. At current levels the stock provides good risk:reward ratio to go long.
Be cautious & exit Below 258 as that will indicate risks of stock going down to even 220-196 levels.
Take care & safe trading...!!!
P.S : You can find Previous updates on Jet Airways in the links below
Note
As suggested below 258 the stock can go down to 220 odd levels. The day it closed below the green line it did a 223 in flat 2 days...
What more does one want from the charts... Charts do say a lot... Are u listening...???
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