SPICEJET LTD.
Short
Updated

SpiceJet - Struggling to hold on at current level of 105

98
Seems 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.
Trade closed: target reached
Made low of 76

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.