Price and trend forecast of JAYSREETEA for Tomorrow, Weekly, Monthly
Jayshree Tea & Industries Limited
Symbol: NSE:JAYSREETEA
ISIN: INE364A01020
131.61
As on 2024-09-11
JAYSREETEA's Today's Performance
Jayshree Tea & Industries Limited started the day by opening at 134.80 today 2024-09-11. Its shares reached a high of 135.24 and dipped to a low of 130.68 in intraday. When the markets closed, JAYSREETEA’s stock price settled at ₹131.61 per share. Also check out its key support and resistance levels.
JAYSREETEA Buy/Sell Targets
Tomorrow, sell JAYSREETEA when its price reaches ₹ 131.61 with a stop-loss order at ₹ 133.96. You can set the target price as ₹ 129.26 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of JAYSREETEA for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for JAYSREETEA
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 134 |
| Tomorrow Down Target 2 | 137 |
| Tomorrow Down Target 3 | 139 |
Important Levels for JAYSREETEA
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 130 |
| Tomorrow Up Target 2 | 128 |
| Tomorrow Up Target 3 | 125 |
Based on where the stock opens tomorrow, if JAYSREETEA opens on a positive note, our first target will be ₹134. If Target 1 is achieved, we will aim for Target 2 which is ₹137.
But if JAYSREETEA falls below the average value of ₹132.51, you can enter a sell side position with target number 1 - ₹130 and second target - ₹128 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of JAYSREETEA
Looking at JAYSREETEA, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, JAYSREETEA has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for JAYSREETEA is strong bullish.
Tomorrow's Volume based share price Forecast for JAYSREETEA
JAYSREETEA's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 65%.
Reversal detection for JAYSREETEA
JAYSREETEA may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹135 in morning tomorrow
| Target 1 tomorrow | 134 |
| Target 2 tomorrow | 135 |
| Target 3 tomorrow | 137 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with JAYSREETEA's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if JAYSREETEA opens on a positive note, our first target will be ₹134.34. If Target 1 is achieved, we will aim for Target 2 which is ₹137.07.
But if JAYSREETEA falls below the average value of ₹132.51, you can enter a sell side position with target number 1 - ₹129.78 and second target - ₹127.95
JAYSREETEA's Weekly Targets
| 1st Up Target | 136.16 |
| 2nd Up Target | 140.70 |
| 1st Down Target | 128.71 |
| 2nd Down Target | 125.80 |
As the week for JAYSREETEA ended on bearish sentiments, we can expect further continuation of this sentiment. JAYSREETEA's initial target will be 136.16 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 128.71 in the upcoming week.
Weekly OHLC Values
| Open | 132.99 |
| High | 137.80 |
| Low | 130.35 |
| Close | 131.61 |
Week for JAYSREETEA started with an open price of 132.99, and the close was at 131.61. JAYSREETEA reached the highest of 137.80 and dipped lowest up to 130.35 last week. This indicates a bearish sentiment for the week.
JAYSREETEA full month swing targets
| Monthly Up Target 1 | 143.61 |
| Monthly Up Target 2 | 148.15 |
| Monthly Down Target 1 | 121.26 |
| Monthly Down Target 2 | 110.90 |
Targets of ₹143.61 can be expected to be reached in the coming month. Once JAYSREETEA achieved this target, we can aim for the next upside target of ₹148.15.
JAYSREETEA if fails to hold upside, down targets of ₹121.26 and ₹110.90 can be achieved by end of this month.
For complete three weeks if JAYSREETEA is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as JAYSREETEA
| Symbol | Name | Industry |
|---|---|---|
| ITC | ITC Limited | Tobacco |
| HINDUNILVR | Hindustan Unilever Limited | Household & Personal Products |
| DMART | Avenue Supermarts Limited | Discount Stores |
| NESTLEIND | Nestle India Limited | Packaged Foods |
| VBL | Varun Beverages Limited | Beverages - Non-Alcoholic |
Summary
JAYSREETEA is expected to reach the target of 134.34 in tomorrow's trading session.
After achieving the initial target in JAYSREETEA, we will aim for higher targets of 137.07 tomorrow.
However, if JAYSREETEA starts to trade below ₹132.51, then we will shift our focus to the sell side and aim for down targets of 129.78 and 127.95.