SPICEJET...BuyTriangle breakout..Dangerous stock..risky...this is not a investment but a trading call...Not worth it..But just bringing it to your attention...spice jet is struggling with finances
Trade ideas
SPICEJET is a BUY! - 90 INR TargetThe chart looks bullish and the stock is trending; just crossed it's 21/50-200 EMA.
SpiceJet reported a net profit of INR 205 crore in Q1 FY2024, a notable turnaround from a loss of INR 789 crore in Q1 FY2023. SpiceJet achieved the highest domestic load factor in the industry at 90%, demonstrating strong operational efficiency and demand for its services
Spice jet is a bit spicy at the moment, keep watching.Spice jet can double from here with in few years. Sl below the trend line.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
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SpicejetA breakout story with heavy volumes. One can look for a target of 88-90 in short term.
This is just a view.
In & Out - Swing Trade Spice Jet Buying opportunity
If stocks open with gap up then take entry in the retracement.
Buy above - 62.7
SL - 60.80
SPICEJETSpicejet Chart Analysis.....14/09/23
You have to trade with a very small quantity just to see if this time also the price follows its pattern like every time.
Long : cmp
Sl : 15
Target : 105 / 140
Enjoy !
SPICE JET ABOVE 61 CLOSE ON WEEK BASE GOOD TO FO FOR 120/150spice 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.
Spice jet accumulation done,one way movement expectedRed TL crossover will open the upper price tgt 1-2,sl-114
Passengers are requested to fasten their seatbelts. Y'all should be aware of the inflight safety instructions.
SpiceJet - Struggling to hold on at current level of 105Seems like an bearish cup n handle formation in the making for SpiceJet.
2018 has not been that great for the Airlines sector in India mainly due to Rise in Crude prices.
Spicejet seems like it will make a new low for 2018 in short term testing the support zone of 75 - 80.
ConsolidatingIf the stock turns bullish due to the quarterly result, we may see an up move where a resistance is there at 99-100. If the stock turns bearish a low level of 74-75 can not also be ruled out.
Gap not yet filled.The gap between 103.80 and 104 remains unfilled. In near term the stock may touch 102.50 for any up move.
Stock is under influence of strong 1/1 descending line. Some bullishness can be expected if the stock manages to close above 11.50-112.
Break out in the positive direction possible.If break out happens in the positive direction, please watch out for the level of 119.80
Tricky bet.Textbook theory suggests a dip towards 95-105 in the coming weeks,b4 resuming the LT trend to 166/178/200lvls
May return from 93.65987 days chart. The stock could go to a level of 72. However intermediate support is at 93.65.
