What is the call on Jet Airways?
Nothing really happening, the intermediary trend is bearish. However Rs 398 or around that seems to have made a bottom, is a very strong support area. So till that is broken, I will not have a bearish view also but there is nothing that suggests buying but in case Rs 398 is taken out then we can move down to possibly Rs 360 or Rs 340, somewhere in between that.
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