Exactly what everybody is thinking right now.
A lot hangs in balance. Jet Airways was almost doomed. Until recently, it had no hope. It made newer lows as well and kept falling.
But then in comes the news that Tata Sons may intervene. Lo and behold, the stock goes up to 350.
Will it last?
That's the big question.
If Tata Sons acquires Jet Airways or bails it out, you may see the change in the fortunes of Jet Airways.
If not, you can see Jet Airways go back to its lows.
So be watchful for a few days and see what happens. Then, decide to enter Jet Airways. Better safe than sorry, you see?