Spice Jet Airlines Bagged World Top Stock Position !! Here is the Long Term Analysis
Spice Jet Long Term Analysis:-
Spice Jet Airlines shares surged over 13 per cent while Inter Globe Aviation, parent of IndiGo, hit its new all-time high on the expectation of higher yield due to the capacity reduction of another reason Budget carrier Spice Jet tuesday said it plans to expand its regional jet fleet to 32 aircraft by adding five more 90-seater Bombardier Q400s.The move is aimed at augmenting capacity in the domestic markets especially on regional routes, following the near collapse of Jet Airways, which has resulted in.
Spice jet may take on Major support at 110 and 90 in the coming trading session. If closing below 18 level, May see touch 1160. On the up side
The Key levels to watch out for in the next week are as below: –
This is solely for information of clients of Wealthchaser and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Wealthchaser or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Wealthchaser or any of associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information. This report is based on the fundamental analysis with a view to forecast future price. The Research analysts for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report. Wealthchaser has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Wealthchaser makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational p purposes. The recommendations and suggested price levels are intended purely for stock market investment purposes. The recommendations are valid for the day of the report and will remain valid till the target period. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment.