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Ashwini02

JETAIRWAYS - 2H - Long Opportunity - Formation of BAT Pattern

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JET AIRWAYS INDIA (NSE:JETAIRWAYS)  
Ashwini02  
NSE:JETAIRWAYS   JET AIRWAYS INDIA
Harmonic Patterns Bat
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harmonicpatterns batpattern
JETAIRWAYS - 2H - Formation of BAT Pattern
Currently price is testing 200MA as a resistance. Price can move up to test 100MA after gaining the support of 200MA if it breaks 200MA on upside.
Stock shows formation and completion of BAT pattern. Minimum expected retracement if 38.2%
It is also showing bullish divergence on RSI and Macd for now.
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