Thursday, 17 September 2009

Jet Airways has target of Rs 350-360: Bose

Jet Airways has a immediate target of Rs 350-360, says Technical Analyst, Rajat K Bose.

Bose told CNBC-TV18, "Jet from the middle of June was hovering around Rs 250 and for the first time it’s seen a move above Rs 280, so Jet Airways has actually come out of an accumulation zone. Now that the breakout has happened on the upside, so we have to call it that it was an accumulation and it has actually moved up. The immediate target would be Rs 350-360."

Source: Moneycontrol

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