Sell Jet Airways: Vijay Bhambwani
Market could come under significant pressure because there are 2 holidays ahead due to the weekend. Therefore, the stock should be all squared up by the end of the session.
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| Updated: In an interview to ET Now, Vijay Bhambwani, BSPLindia.com shares his views on Jet Airways.
What about your call on Jet Airways?
A short sell on Jet Airways. You should go short in the spot segment at 245 with a stop loss at 250. The target here is expected at around 238 or close whichever is earlier. I am expecting the weekend factor to come into play here.
By the end of the session, the markets could come under significant pressure because there are 2 holidays ahead due to the weekend. Therefore, the stock should be all squared up by the end of the session.
What about your call on Jet Airways?
A short sell on Jet Airways. You should go short in the spot segment at 245 with a stop loss at 250. The target here is expected at around 238 or close whichever is earlier. I am expecting the weekend factor to come into play here.
By the end of the session, the markets could come under significant pressure because there are 2 holidays ahead due to the weekend. Therefore, the stock should be all squared up by the end of the session.
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