Technical Analysis of Indian Equities by Nooresh

Jayshree Tea – Good breakout and headed to 110 or higher.

jayshreetea

 

 

JAYSHREE TEA --- Strong breakout after making
a base at 80s.
About to break above 90-92 band today expect a move
to 110 or higher also.
stoploss 87 on closing basis.

 

Disclosure : Have advised to clients at 90 levels.

Article by Nooresh Merani

Nooresh has written 2595 articles.

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{ 5 comments… add one }
  • srinivas September 27, 2012, 06:21

    Nooresh,

    The supporting volume is missing.

    Reply
    • Nooresh September 28, 2012, 00:26

      yes volumes are low but expecting it to pick up

      Reply
  • Bolt September 27, 2012, 14:04

    Nice move on very forst day.

    Keep it up

    Reply
  • ashutosh September 27, 2012, 18:42

    Earlier I coomented about smartlink and south indian bank.
    Now, about jay shree Tea— stiff resistence at 96-97 level. difficult to break and go to 110 at one go.

    Reply
  • Bolt November 6, 2012, 10:21

    Congrats!!!!!!!!!!!

    Target almost done…..
    Fast moved..

    Regards

    Reply

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