Jasch Industries is correcting since last 1.5 months. Now stock is trading near its breakout retest zone. Looking good for accumulation. Keep on radar.
With quarterly sales increasing by 42% and quarterly profit increasing by 68%, BSE:JASCH posted good set of numbers. This share gave breakout on 2nd Feb and was a buy with a stop at or below Rs.150. Within these volatile markets this share is coming back to it's buy zone again and again and trying to move up. It's still a buy with the same stop loss.
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With quarterly sales increasing by 42% and quarterly profit increasing by 68%, BSE:JASCH posted good set of numbers. This share is in a trading range since Jul'21 and now looks like it's ready for a breakout. RSI is also breaking out of it's range which confirms bullish trend. If it breaks Rs.174 with big volumes and stays above it, one can buy with a stop at or...
