Muharat Pick 5 (SPICEJET)
CMP: 107-112, Buy Range : 105-110 with 90 SL, Target, 125,155+ (8-10 Months)
Market share gaining from Jet airways and dispute between Indigo directors a positive
Consistent improvement in load factor and also increase in fleet size is commendable
Stock is volatile and can hit 125 and then 155+ in less than 6-8 months
Risky investors can buy at CMP for 130,155+, if breach 155, can go upside further