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How To Trade : Cash Stocks : Shalby , Goa Carbon, EID Perry, Axiscades and Jayshree Tea


Shalby Limited : Stock is looking good on charts and if trades above 100 a fresh rally towards 109-18-23 can't be ruled out. Stoploss can be placed at 94.



Goa Carbon : Stock has given trendline breakout on weekly charts, but stock failed to cross these levels at least 5 times in last 6 months, Hence, better add longs only if stock sustains & closes above 260 for a possible target of 360 in next few weeks.




EID Perry : Longs were advised in May @157 and updated in June that 275-305 will work as resistance, now its trading around 310 and can test 325-35initially once sustains above 312. Above 342 stock can rally  further towards 400. Major support 300.


 

Axiscades: Longs were initiated around 48 and again@53-54 , Stock is doing well and can test 68-70 in short term. Above 70 our target will be 110. stoploss can be placed at 53





Jayshree Tea : Stock is looking good on charts and can show 10-15% move in near term, Trade long with stop below 66.50, major support 69.