Trends are strong for Spicejet: Anu Jain, IIFL
All the airline stocks have been earning strong and the trend has been quite strong.
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| Anu Jain, Vice President - IIFL, Private Wealth Management, India Infoline, in a chat with ET Now talks about Spicejet.
You continue to like Spicejet. Do you see further headroom from these levels in SpiceJet?
It does look like. In fact all the airline stocks have been earning strong and the trend has been quite strong. They moved up quite a bit. Talking about Spicejet - at about 92.30 at least - the trends are strong for it to go to 99. I would keep a stop loss of 90 but poised for a target, which is about 2 weeks time, of about 99.
You continue to like Spicejet. Do you see further headroom from these levels in SpiceJet?
It does look like. In fact all the airline stocks have been earning strong and the trend has been quite strong. They moved up quite a bit. Talking about Spicejet - at about 92.30 at least - the trends are strong for it to go to 99. I would keep a stop loss of 90 but poised for a target, which is about 2 weeks time, of about 99.
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