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Buy Jayshree Te: Thacker

Published on Tue, Nov 24, 2009 at 09:58 |  Source : CNBC-TV18

Updated at Tue, Nov 24, 2009 at 10:32  

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Mitesh Thacker, Technical Analyst, miteshthacker.com

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Jayshree Tea

BSE | NSE 21/02/12

Buy Jayshree Tea and Industries , says Mitesh Thacker , Technical Analyst, miteshthacker.com.

Thacker told CNBC-TV18, "Jayshree Tea and Industries is a stock which has broken out from the sideways consolidation. We have seen sugar taper off because of some kind of negative news flow but tea still remains very strong. Jayshree Tea broke out yesterday from its recent highs of around Rs 330-335 and now appears to be on its way to test targets of around Rs 365 and Rs 380. So buy can be taken here with a stoploss of Rs 329."

  

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