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Tata Global Beverage looks good for day trading: Sukhani

Sudarshan Sukhani of s2analytics.com says one can take a day trading positions in Tata Global Beverage.

May 28, 2013 / 13:03 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tata Global Beverage has an excellent chart. It had a decent rally. The rally was not sharp, which was a step by step higher highs-higher lows rally that suggests a low volatile uptrend is in progress and then a similar low volatile correction has come in and that correction is over."


He further added, "It is broken out of a down trending trend line, it is giving right signals including good gains yesterday. If this is a renewed uptrend then not only today, Tata Global is going to reward in the next few weeks also. Therefore, starting today take these day trading positions, carry something forward."

first published: May 28, 2013 01:02 pm

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