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#2
4th April 2006, 11:47 PM
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Re: Jet airways keep or sell
aizaz,
looking at the charts, there doesnt look much down side to Jet Airway, unless there is a market wide correction. Also, you didnot mention at what level you entered. Also, Jet may move in a sideways till the Jet and Air Sahara Deal come off. some reasons should be considered 1. High Oil prices puncturing their profits ( any downward mov. of Oil futures is benefitial to Jet) 2. if Sahara deal goes through then you can see some upside (which can be used to get out of the scrip) 3. If Sahara deal goes down, you see some more downward movement. If you really want to quit this stock, good time is, use any upside to liquidate your holdings. hope this helps you.... Satya 
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