Remain invested in Jet Airways: Sudarshan Sukhani

Remain invested in Jet Airways , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "Jet Airways is in a strong uptrend. It is now on the verge of a breakout on the upside, so I am looking at another 25% of gains that brings it somewhere another Rs 100 of gains to the current price and that is good enough. So you are a trader, you are looking at a six months time horizon and there is no need to be fixed about 6 months. Once you get a 25% gain on Jet I would suggest you take profits whenever that happens. If that happens earlier good for you but this is a good trading stock. It is showing all the right signs of more gains. So stay with it."

He further added, " Kingfisher Airline has done these dramatic ups and downs. It was Rs 150 a few months ago so you keep the context in mind. From Rs 150 it is now Rs 19 this is not a bullish stock and these 10% ups and downs will occur at random frequencies, people do not trade such stocks. SpiceJet is a better stock but Jet is the best so why not stay with that."