Jayshree Tea stocks look encouraging: Angel Broking

ET Now Technical Check with Shardul Kulkarni, Sr. Technical Analyst, Angel Broking.

One word on the tea stocks Jayshree Tea in particular or any other stock that you have seen?

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 yes I will not be surprised for another 10% in the next month.