Hello Guys, I'm looking at all indian aviation stocks, all are pointing towards downward movement, this is a weekly chart so look for sells on lower timeframe. after that downward move there will be pretty good spot to put your money in these stocks.
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Its making correction if c wave of correction broke the top it might go more, but look for sell.
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check out when it hits that top
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minor c wave pullback still expected to complete pattern
what kind of fall are you looking for in spicejet ?
Honey_Sharma_
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@gautamratra, it can be anything in formation, might make some kind of running flat as whole
PAV71
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@HoneyBhardwaj, bro Respect your anaysis,but my take is.Aviation is the next wealth creator,esp spicejet.chk out my analysis last week.
Honey_Sharma_
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@akdirect, you might be right man, i'm just a chartist i just look for price action, thats telling me it can go downside. your last analysis was really good.
Honey_Sharma_
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@akdirect, i hope you are not in any buy for this one.