With the markets rising relentlessly ,it is becoming increasingly difficult to identify socks for investment but I did manage to pick one good stock in the process of my radar screening...
TATA TEA seems to be ripe for an up move. Today's break out of its range was with very high volumes and gives us some comfort.
I would target a figure of Rs 800+ and keep a stoploss close to Rs 685/-. I am sure you have noticed the pattern - Tata 'Diamond' Chai - should we say ? ? ?
Happy Trading
CA Rajiv D Khatlawala
Head of Research and Training
JHAVERI Securities Ltd.
Baroda.
2 comments:
what an analysis....target hits in one day when all other scripts and indices were at best choppy...excellent, excellent call....
thanks !!
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