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Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
JET AIRWAYS - BUY
CMP: Rs 569.35
TARGET: Rs 625
STOP LOSS: Rs 525
The stock has given a good run right from around 460 levels to scale 576 and after a short correction again it has produced a positive candle signifying strength to carry further the rally to new heights. With the RSI indicating a trend reversal and signaling a buy and with also the MACD which on the rise, we recommend a buy in this stock for an upside
JET AIRWAYS - BUY
CMP: Rs 569.35
TARGET: Rs 625
STOP LOSS: Rs 525
The stock has given a good run right from around 460 levels to scale 576 and after a short correction again it has produced a positive candle signifying strength to carry further the rally to new heights. With the RSI indicating a trend reversal and signaling a buy and with also the MACD which on the rise, we recommend a buy in this stock for an upside
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