Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Yesterday casually I had said that Tata Global Beverage is one of the better charts in that universe and today it is in our buy list. It is a rare pattern that Tata Global is doing. For technical traders it is a delight. It is already in an uptrend and in an uptrend it has made a bullish head and shoulder. It is a continuation pattern suggesting that much higher levels are coming.”
He further added, “This stock is going to do its own thing irrespective of what the Nifty does. Therefore, as a defensive because it is not going to go down even if the Nifty does and as an independent buying opportunity on both accounts I would be strongly recommending Tata Global. Do not worry about small ups and downs. It is worth holding on.”
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