Thursday, May 5

Technical Views:Jet Airways,Tata Steel and Sesa Goa

Jet Airways
Our Site Reader Vimal asked me on TA for Jet Airways So discussing the same below
On Daily Charts Jet Airways looks to breach its downward trend line and in the process broke its 50 DMA@458.
If Jet breaks today's low @436 stock can move below 400 odd levels.

MACD has generated a SELL
RSI and STOCH are in sell zone

Sell below 434 Tgt 421 and 402
Buy above 453 Tgt 466,472 and 488

Sesa Goa
Sesa Goa forming a support around 296 and volumes are drying up which is giving an indication support will break …
Read the full story »

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