Go long on Jet Airways, says Abhishek Agarwal

Go long on Jet Airways, says Abhishek Agarwal of Fortune Interfinance.

Agarwal told CNBC-TV18, "I would like to go long on Jet Airways with a target of Rs 260 and a stop loss of Rs 234. Airline companies have been bleeding for a long time and since crude oil prices are falling down the potential upside for airlines companies should be humongous. Yesterday, Kingfisher Airlines has performed well and I think that it should reflect in Jet Airways performance."