Buy Jay Shree Tea & Industries Ltd., target Rs 125: CA Rudramurthy

CA Rudramurthy of Vachana Investment has a buy call on Jay Shree Tea & Industries Ltd. with a target price of Rs 125. The current market price of Jay Shree Tea & Industries Ltd. is Rs 110.85. Time period given by analyst is Intra Day, when Jay Shree Tea & Industries Ltd. price can reach defined target. CA Rudramurthy recommended to keep stop loss at Rs 110. The stock has hit a high of Rs 114.50 and low of Rs 106.65 so far in trade. The scrip has been moving above most of its crucial moving averages. Of late, it has taken support from its 20-day moving average placed at Rs 98.25 level.