Jet Airways - Elliott Wave Chart

Jet Airways seems to have corrected wave iii of  3 and entered the corrective wave iv with a probable a-b-c pattern on the weekly charts which may last for a few weeks.

The stock is likely to move in a 775-550 range to complete the sideways correction before starting the new wave.

Jet Airways - Weekly Chart

Jet Airways : Flying High

 Jet Airways has been riding a super trend trading at Rs. 758  and is likely to reach much higher levels as the trend is gaining further strength on the long term charts. 

A short term correction will offer an opportunity to enter the stock at lower levels.

Jet Airways - Weekly

The latest buy signal was generated on TTO during October with an entry price of Rs. 325 on weekly charts

 
Jet Airways was first recommended by us in our post during August 2015.