Sandeep Wagle of powermywealth.com told CNBC-TV18, "Jayshree Tea and Industries has given a clear breakout. I would recommend an entry around Rs 120-125 levels with a stoploss of Rs 110 and a target of Rs 160. Probably even Rs 180 can be extended to and the timeframe is 3-6 months."
At 15:08 hrs Jayshree Tea and Industries was quoting at Rs 133.35, up Rs 16.05, or 13.68 percent.
It has touched a 52-week high of Rs 136.
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