Buy Jet Airways, target price Rs 580: angel Broking

ET Now talks to Shardul Kulkarni, Senior Technical Analyst, Angel Broking on aviation stocks.

ET Now talks to Shardul Kulkarni, Senior Technical Analyst, Angel Broking on aviation stocks.

On the charts which one you prefer Jet Airways, a KFA or a Spicejet?

Amongst the three that you have mentioned we like Jet Airways. Jet Airways we are seeing that targets for Jet Airways would be around Rs.580. The monthly charts are very encouraging, very strong volumes unlike what was seen in the past few years.

It is possible that the stock will show a strong up move in the few months but in the near term I would say Rs.580 is definitely a possibility in Jet Airways.
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