The technical setup suggests that the stock may see some more selling pressure; hence, short-term traders can look at selling the stock now for a target of Rs 520, suggest experts.
Short-term traders can look to buy the stock now for a possible bounce back towards 500 levels in the next 2-3 months, suggest experts.
SpiceJet’s fleet has been partially grounded and the airline has been looking at ways to raise capital. At least three aircraft lessors have filed insolvency
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