Sunday, 3 April 2016

Jay Shree Tea & industries Ltd.- Hot Stock for Trade

Jay Shree Tea & industries Ltd. is looking very good and showing good strength on chart. This stock is currently trading at Rs.90/- on NSE with huge volume of almost 10 times more than its monthly average volume . One should buy it with strict stoploss of Rs.86.50/- for intraday 1st target of Rs.92/- 2nd target of Rs.94.35/- and 3rd target of Rs.97.60/-. One should hold this stock with above said stoploss. In short term the stock may see the level of Rs.110/- to Rs.125/- Now the stock is trading over its 50 days moving average with almost 18% delivery volume. Tea prices has to increase Rs.20/- per kg.The whole tea & Coffee sector is looking very good and one should hold this stock patiently.

Discloser-
 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I/blog author will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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