Jet Airways can go upto Rs 600: Gujral

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Jet Airways can go upto Rs 600: Gujral

Technical Analyst, Ashwani Gujral is of the view that above Rs 560, Jet Airways can go upto Rs 600.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Ashwani Gujral See what other Experts & Brokerages are saying about Jet Airways See messages about Jet Airways Jet Airways BSE | NSE 30/05/12 Are Mutual Funds betting on Jet Airways?

Technical Analyst, Ashwani Gujral is of the view that above Rs 560, Jet Airways can go upto Rs 600.

Gujral told CNBC-TV18, "Beyond Rs 560, Jet Airways next level should be closer to about Rs 600. On Bharat Forge this has been showing like a breakout for quite some time. It broke out above Rs 303. The next target here could be closer to about Rs 370. Godrej Industries Rs 170 is a breakout level. It has been trying to bottom out between Rs 140-170. Once Rs 170 gets taken out we have Rs 30 upside to about Rs 200-210."