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
SPICEJET 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.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
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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
Spicejet with new wingsSpice-jet is probably breaking the downtrend of a long time which started after 2021 and now we can think to take an entry as it is in lowest.
Currently it is above that trend line however there is no proper uptrend channel but it will get one, (I think so)
Good to go for a long trade around 1 year with it.
I am highly bullish on this stock.
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 !
Need To cross Pink trend line to get back and run. trading in negative channel, broke long term support. Need stock to put some efforts and go above the level of 32.65 on weekly closing basis. Until it continue to be in the negative zone.
Is flight ready to take off ?Trend line breakout with Volumes ,Looks good to me.
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SpiceJetLooks good at Weekly trendline. Expecting reversal from here. Price is getting rejection from trendline. Looks good for a swing.
Spicejetspicejet gave a major breakout from the trendline wait for the confirmation to cross the higher high.
SPICEJETCmp 46.50....made flag pattern...breakout or break down can make price to move very fast.... Be alert...keep caution....dcbsl could be 43...keep strict stop loss.
I m not sebi regt analyst or advisor.
Post is only for an educational purpose.
Do ur own research or consult ur financial advisor before taking any position.
SPICEJETBuy Entry @ 49
Target @ 88
Stop Loss @ 39
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best of luck..
Shakthi
SPICE JETAfter 2 years this stock give a breakout to the major support levels keep watching. And making weak triangle pattern on the chart. DISCLAIMER: Do your analysis also.
Spicejet ready to fly. 1. Good result impact .
2. Have taken good support .
3. Going to retest.
I am not SEBI registerd anaylist information for educational purpose only.
SPICE JET DAILY CHART Given a trendline breakout . macd crosses above signal line . either buy above 86 , or neat support of 80 , tgt 97-99
Spicejet VCPSpicejet is about to breakout the VCP with great volume. For breakout trade, need to wait for a retest for proper entry.
VCP & Triangle BreakoutVolatility Contraction Pattern
Trading inside the triangle, anytime it can breakout and need the previous swing high to be broken for an entry
Very good RR
SPICEJET (LONG)Bullish
Buy near 73
Support 65
SL 59
TGT 82-90-99-107
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
Interesting setup in SpicejetMarked level for both sides. will be watching in the coming week to know if its a break down or up
SPICE JET wave 2 retraced till 0.618possible reversal from 0.618
wave 3 may start
trgts till 1 &1.618
