Jet Airways (India) technical analysis

JETAIRWAYS

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Last updated on 8 Nov, 2024 | 16:00 IST
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Jet Airways (India) Resistance and Support

Pivot 35.23

Time Period:

Resistance

First Resistance

36.42

Second Resistance

38.81

Third Resistance

40

Support

First Support

32.84

Second Support

31.65

Third Support

29.26

Jet Airways (India) Resistance and Support Summary

According to the latest Pivot data, Jet Airways (India)’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹35.23, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹36.42, ₹38.81, and ₹40, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹32.84, ₹31.65, and ₹29.26, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Jet Airways (India)’s price movement.

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