Sell Jet Airways: Vijay Bhambwani

Vijay Bhambwani, Author, CEO, BSPLindia.com in a chat to ET Now gives his views on Jet Airways

What is your call on Jet Airways?

Vijay Bhambwani: I would stick to the tried and tested short sale in Jet Airways. I have been recommending this counter fairly frequently and statistically speaking, 6 or 7 times out of 10 that you short this counter you wind up taking money home.

So from my side, Jet Airways is a short at 254, stop loss 258, a target of 246 to 248 or close whichever comes first.