Jayshree Tea looks quite encouraging: Shardul Kulkarni of Angel Broking

Shardul Kulkarni, Sr Technical Analyst, Angel Broking talks to ET NOW on Jayshree Tea and other tea stocks.

One word on the tea stocks. Have you seen Jayshree Tea in particular or any other stock (on the charts)?

Jayshree Tea looks quite encouraging if the stock actually manages to go beyond 322-323 in this particular month and close beyond 322. A strong hammer formation will take place so yes 340 is a probability if that closing does have. Tata Tea on the other hand - if the stock closes at current levels for this month, I will not be surprised for another 10% in the next month.