Spice is showing signal of reversing trend.. buy for long term... huge upmove expected
Spicejet, on its daily chart, is making lower highs and has taken support multiple times at levels of 82. This has resulted in the creation of a descending triangle pattern. A daily closing, with increased volumes, below 82 will confirm the breakdown of this descending triangle pattern. The target for the short side is the next support at around 69-70. EMA, RSI,...
SPICEJET LOOKS GOOD TO ENTER ABOVE 91.5 FOR 94/98+ SL 89
Let's see if spicejet moves above level of 95 before 15 feb. Then we can see start of month of shillers
Sprice Jet Pull Back Trade , Re test of Breakout Done , Breakout Above 97.5 Will Be a good Level to Go Long .
due to open in the Air transport Serivces, it is showing momentum in the stock. Due to volatility in the stock, stock will start accumulate in the range of 99 to 108. best buying price is around 90. stop loss of 80
Go long if candle close above 54.30 with good volume for target 70 with a stoploss 51
spice jet close abv 61 & now in consolidation phase collect from here to 61 on down with SL of 30/30.50 & tgt of 120++ it will be more likely to trade in range of 60 to 75 for some more time.
If it crosses 53-55 with volumes, it can fly to touch its 200 DEMA of 71-72.
Advising a long position on SpiceJet for three reasons: 1. Resumption of civilian flights in India, 2. Relatively low oil prices which will compensate for a relatively low seat capacity, and 3. The stock was beaten down by disruption in service is recovering now. Technically, the MACD histograms are indicating an uptick in price after largely sideways trend for...
SPICEJET - IMMEDIATE SHORT TERM SELL
Red TL crossover will open the upper price tgt 1-2,sl-114
sl COMPULSORY