DSIJ Mindshare

The stock has given a bounce from the edge of the rising trendline support formed by connecting swing lows form October 9, 2018 and it coincides with the 34-day simple moving average, considering the daily time frame. The reversal from the support is justified with good volumes.

The stock had formed Hanging Man candlestick pattern on a daily time frame. The Hanging Man candlestick pattern occurs during an uptrend and warns that prices may start falling.

Promoter holding denotes the percentage of shares held by the promoters and the promoter group in any company. Increase in the promoter shareholding shows the confidence of promoters in the company.

Lenders of the debt-ridden airline operator are finding it difficult to strike a deal for the assets of Jet Airways even as it was confirmed that the airline is now operating only five aircraft. Let us have a quick look at where things are for Jet Airways as of today.

 In the past one month, BSE Sensex has surged by 3.29 per cent, i.e. up by 1,251.32 points from 38,024.32 on March 15, 2019 to 39,275.64 on April 16, 2019. Let us see how the BSE indices have performed in one month.