Monday, December 10, 2012

Buy stocks of Jet Airways

“Jet Airways is something that I would now avoid. It needs to go through a very deep correction before it becomes a buying opportunity again. But jet’s charts are excellent. They promise and suggest much higher levels. As a tactical decision this is not a buy at current levels.”


He further added, “There is no short selling opportunity anywhere in the Nifty except for some stray counters. Bharti Airtel is going through a correction. The rally itself was a little overextended and the correction is not over yet. So the sense will come when it corrects and completes its correction to go and buy it again. That will take a bit of time.”

No comments:

Post a Comment