Buy Tata Global, Mcleod Russel; short Strides Shasun: RK Global

Rakesh Bansal, Vice President at R K Global told CNBC-TV18, "My first call is a buy on Tata Global Beverage. Entire tea pack is looking good. Tata Global is a buy with a stop loss at Rs 122 for target price of Rs 134.""Mcleod Russel is a buy with a stop loss at Rs 182.50 for a target price of Rs 200," he said."Among the pharmaceutical pack, I would like to go short on Strides Shasun. Here we are seeing a rounding top formation on daily charts. The stock is a sell with a stop loss at Rs 1,140 for a target price of Rs 1,042.""Glenmark Pharma is a sell. We are seeing a rounding top formation on daily charts. Technical pattern is bearish. The stock is on the edge of a big breakout below Rs 766 levels. It is a sell with a stop loss at Rs 784, for a target price of Rs 725.""My last call is a sell on Adani Enterprises futures. We are witnessing a breakdown on daily charts. Adani Futures is a sell with a stop loss at Rs 76.30 levels for a target price of Rs 69."