Sukhani told CNBC-TV18, "Tata Global Beverage is again one of the stocks that has been outperforming. It's the outperformance and the charts are similar to Sun TV and Cairn. What it's doing is it's making a bullish pattern. Now the pattern is there. We are having a target of much higher than what I have said. Rs 97 is only the initial resistance. So a move of 3-4% is possible when it reaches Rs 97 - that's the first move. The second move comes when it crosses the threshold of Rs 97 and goes into a very strong breakout mode."
He further added, "Here traders can begin with a day trade, swing trade and at least convert part of their positions into a position trade if it does the right things. So there are some charts in this bear market which are telling us even if the market goes down, they will be afloat. Sun TV, Cairn and Tata Global are three of them."
