Advising a long position on SpiceJet for three reasons:
1. Resumption of civilian flights in India,
2. Relatively low oil prices which will compensate for a relatively low seat capacity, and
3. The stock was beaten down by disruption in service is recovering now.
Technically, the MACD histograms are indicating an uptick in price after largely sideways trend for...
Currency pair GBPINR is currently overbought at 93.10 and is likely reversing direction to head for 92.80. Target (T) and Stop loss (SL) is advised for 1:1 at 30p each, with recommended profit booking at 92.90
