View on Jet Airways & Graphite India

 

Jet Airways is fundamentally weak and company has reserves left for two months and negative news persists in nearby future and one may avoid this counter as sentiments are down and we may see more downside along with rising crude oil prices and 2018-q1 net loss  of 1,036 crore is also not  giving promising prospectus as it may also increase.

Technically Jet Airways is looking weak and  also its looking on a downward trajectory and any upside move may not be trusted.Allow stock to settle around 310--335 before building any position.Immediate strong support at 285.Below  285 we may see heavy downside and stock may test 255--215.See where its heading and take action.

 

Graphite India is fundamentally highly recommendable stock with staller order book at hand and is a buy at every dip and should be in one"s portfolio.

Technically its looking to very strong and heading to form new highs.Stock may consolidate for few session and one may add at every dip.Stock has showed a jump from 990 to 1100 and immediate position can be build by averaging in range of 1130 to  1030 .One may maintain Positional stop loss or support  at 900.

MORE WILL UPDATE SOON!!