Update on Spicejet. Stock remains oversold. Reversal confirms above 125.
We were suggesting that Spicejet is oversold between 125-130, Stock has not given reversal signal yet.
Reversal confirms above 125.
Target 139 and 154. SL 118. 1 to 3 months.
Call is technical and kindly buy only if the stock trades above 125 for a while.