Traders, short-term investors can bet on Spicejet

Published on Tue, Dec 12, 2006 at 18:39 |  Source : Moneycontrol.com

Updated at Tue, Dec 12, 2006 at 20:28  

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Sudarshan Sukhani of Technical Trends is of the view that as a trader or even as a short-term investor one can bet on SpiceJet and also stick with it.

Sukhani told CNBC-TV18, "By just looking at the charts Spice has had a more interesting and probably a better chart than Deccan Aviation because it has been steadily going up, doubled its value almost breaking those higher-highs, higher-lows pattern, even for the last 2-3 days. So chart-to-chart to me Spicejet has a more attractive chart. As a trader or even as a short-term investor I would bet on Spicejet and also stick with it."

  

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