Time to exit from Jet Airways: Kunal Saraogi
"... if someone is holding the stock, 230 would be your final stop loss and below that, you must exit Jet Airways for it might go down further."
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| Updated: Kunal Saraogi, CEO, equityrush.com, talks to ET Now on various stocks.
What is your call on Jet Airways?
Jet Airways is very close to its very critical support of 230.
If it breaks that level, there might be a 10-15% further fall on Jet Airways, so this is a stock that you should not be looking at from a buying perspective at the current levels. In fact if someone is holding the stock, 230 would be your final stop loss and below that, you must exit Jet Airways for it might go down further.
What is your call on Jet Airways?
Jet Airways is very close to its very critical support of 230.
If it breaks that level, there might be a 10-15% further fall on Jet Airways, so this is a stock that you should not be looking at from a buying perspective at the current levels. In fact if someone is holding the stock, 230 would be your final stop loss and below that, you must exit Jet Airways for it might go down further.
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