Buying opportunities seen in Tata Global , says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "Tata Global Beverage, the rally started earlier when it crossed Rs 93 that was the point at which it broke out of a very large trading range. So, now its making those new highs and backed by news, but its not just news driven, the charts suggest that this rally is sustainable. So, Tata Global is probably in a position buying opportunity. At whatever price you buy it doesn't matter - 5% here or there. For traders you wait for some minor dips and go long in it, there are probably higher levels ahead.
He further added, "If the Nifty is going up then ICICI Bank will cross Rs 900, which is significant resistance and move higher. Its almost like 5200 for the Nifty. Both will cross their resistance levels together."
