SpiceJet looks good for some up move: Jitendra Mehta, Edelweiss

Jitendra Mehta, technical analyst, Edelweiss, in a chat with ET Now talks about the aviation pack.

Jitendra Mehta, technical analyst, Edelweiss, in a chat with ET Now talks about the aviation pack.

What is your view on the aviation pack?

Yeah, aviation pack has been quite volatile of late. We have been looking at KFA and Jet for sometime. It would be worthwhile to look at SpiceJet also. That’s one stock which has been consolidating around 60 and looks good for some up move. KFA and Jet will just consolidate a bit more in this range.
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