Jet Airways has target of Rs 410: Sukhani

Sukhani told CNBC-TV18, "Aviation is my least favourite space. I have never seen a company make money in it as a corporate entity but the market likes it. Jet Airways after a brief correction has made a pattern that suggests a significant upside here. So, those who like momentum stocks and love aviation should go for long position. It is quite easily going to cross much more than we think, Rs 410 is an immediate target but I suspect this pattern will take it to Rs 450 plus."

The share touched its 52-week high Rs 517.50 and 52-week low Rs 167.00 on 19 Jul, 2011 and 29 Dec, 2011, respectively.
 
Currently, it is trading -24.83% below its 52-week high and 132.93% above its 52-week low.
 
Market capitalisation stands at Rs 3,358.39 crore.