See upside in Tata Global Beverage, says Sukhani

See upside in Tata Global Beverage, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "I see a significant upside in Tata Global Beverage. It has just come out of a trading range  and a small correction then a micro base and then a rally. There is a disclosure that I am long in Tata Global. That is  very fair because that is why I think it should go up."
He further added, "Crompton Greaves charts are suggesting recovery, but I would be very afraid of going long in it. A  lot of charts say something, but the context needs to be understood. Sometimes the charts cannot give us the context.  The context in Crompton Greaves is a very long prolonged bear market, repeated failures of rallies. So it is building a  base. Purely on charts I would say, at least a short-term momentum thrust is possible, but there are so many  opportunities. It is wiser not to go there."