Jet Airways share
Jet Airways share are strictly increasing by nearly 5% daily .will there be any sudden fall in the coming days?
There has been a lot of news in Jet Airways lately and because of this it is hitting upper circuit and yes whenever the excitement fizzles away it will start dropping with hitting continuously hitting lower circuit… one should stay away from such stocks, honestly, if you are trapped in lower circuit it can put big dent in your capital.
Just as expected, the stock broke the bullish streak and dived 4.97% today. So, I guess it might indicate a sell-off as the RSI is way above 80. Hope it consolidates at a point however, it might be a good trade for intraday shorting.