Tuesday, April 26

Technical Call:Infosys,Bank Nifty and Jet Airways

Jet Airways
Jet Airways is forming Higher Low and facing resistance around upper trendline @498 as shown in daily charts. Volumes have been muted for past 2 trading sessions.
Once Stock starts trading above 498 it can easily go till 520 levels.


Buy above 498 Tgt 500 and 507,514 and 520

Sell Below 497 Tgt 491 and 485

Bank Nifty
Bank Nifty have been trading in a channel with resistance at upper trendline @11980. Move above this level will propel BN to 12200 level.
BN is forming a higher Lows and moving in parallel channel.
Indicators …
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