Power Pack Breakout above 75 Bullish Risk is worth Buy above 75 Target : 84, 100, 150+; SL: 64 on 1 day close basis Risk is yours and Reward is too yours totally. Time Frame : 3 Months to 5 Months maximum.
A lot of the tea stocks seem to be close to breaking out. Jayshee tea has an inverted head and shoulder pattern. Its on the verge of breaking out. Volumes also seem to be picking up over the last couple weeks. Additionally the stock has crossed over the 200WEMA. Long with target of Rs. 85 with a SL at 67.50. (Short term target 76) Ps: Only enter above 70.75...
Great price action with established breakout Trade as discussed
Weekly chart look good at CMP so JAYSREETEA can be add from 125-134 with Target of 150 and 180
#JAYSHREETEA is about to complete a 5-year long Inverted Head & Shoulders bottoming formation. Breakout above 115 will complete the formation for a target price of 175.
TECHNICAL -It is been observed on the WEAKLY chart that the stock is forming continuous higher top higher bottom and with a uptrend line and a triangular pattern which can breakout soon, but a MULTI YEAR resistance @120. FUNDAMENTALS -Rise in tea prices will led to higher margins and profits, with passing of GST TEA & coffee sector is going to get a huge...