Spicejet - Might touch support levels before taking off..

Scrip which has shown strong bull momentum from 60 with regressive green candlesticks pushing the price to greater heights
Might touch support levels again owing to %william in oversold stage (above -20) and then, rebound to break the resistance level - 124
Will be buying on dips towards support levels :)
Macro-economic factors could be favorable for aviation industry in near future however, Do check on risk being taken as the Price to book value is in negative.