Buy Jain Irrigation Systems Ltd., target Rs 85.0 : Kunal Bothra

Kunal Bothra of ET Now has Buy call on Jain Irrigation Systems Ltd. with a target price of Rs 85.0. The current market price of Jain Irrigation Systems Ltd. is 81.15. Time period given by analyst is Short Term, when Jain Irrigation Systems Ltd. price can reach defined target. Kunal Bothra recommended to keep stop loss at Rs 78.5. The stock has given a clear sign of a breakout. It has broken off multiple resistances not just on short-term charts but even on swing charts on the weekly timeframe as well.