JAYPEEHOTELS Ltd- Watch - BUY at support

Market Sentiment - Bullish

Watch for support at Rs.95 -Rs.100

JAYPEEHOT yearly chart looks bullish for long term time period. Recently it has pulled back from 139 to 98 and now trading in a consolidation zone (100 -86). Past 2 days daily candlestick suggests low selling pressure. If JAYPEEHOT finds support by the lower trend line, than it could be a good buy around Rs. 95 with stop/loss just below Rs.85 for target 1 at Rs.120 and target 2 at Rs.140 and above