Tea we all take, i think so. Ever thought your tea can give you money as well!..
here is your chance to get into the Tea stocks and make a decent money on this...
One of my pick in tea Sector is Harrisons malayam. The stock is current trading @ 92 and structurally , it looks vey positive as 5 day SMA above 10 DMA and 30 DMA above 50 DMA. Very bullish sign .
I suggest buying with a SL of 85-89 and a target of 125-145.
HML is a company that has witnessed many seasons and weathered many storms. Today it is growing from strength to strength, taking advantage of the changing paradigm for agriculture in India. HML is part of The RPG Enterprises, one of the largest business conglomerates in India with business interests ranging from tyres, cables, power transmission, telecommunications, pharmaceuticals ,speciality chemicals to retail and consumer marketing, hotel, tourism and entertainment .
So enjoy your Tea.
Thanks,
Bhupesh
If you look at yearly trend this stock has reached its last years level. Do you think this is the saturation point for this scrip or at the best add another rs. 10 due to poor crop in Srilanka? Gaurav
ReplyDeleteThe Tea Planatations are very different from Sugar and therfore this rally is sustainable and a good long term bet. Hold on and enjoy the ride.
ReplyDeleteBhupesh