Buy Tata Global Beverages@146.75.
Tata Global given fundamental and Technical upward push this week. As per technical chart you can see nice MACD cross over and super RSI with still in early upward direction.
Fundamentally, news broke this week that, Tata-StarBucks JV sales increased by 39% with 84 stores across India. They planed to expend this at steady pace. On Himalaya water and Tata Glucose side seen significant jump in top line. Tata Global plans to sell water across the world. For Beverages it has partnership with Pepsi. You can just imagine the potential of Tata Global.
Once it cross 150 convincingly, one can expect 180, above that no mans zone, which can take this script to a entirely different level in upward direction.
Tata Global given fundamental and Technical upward push this week. As per technical chart you can see nice MACD cross over and super RSI with still in early upward direction.
Fundamentally, news broke this week that, Tata-StarBucks JV sales increased by 39% with 84 stores across India. They planed to expend this at steady pace. On Himalaya water and Tata Glucose side seen significant jump in top line. Tata Global plans to sell water across the world. For Beverages it has partnership with Pepsi. You can just imagine the potential of Tata Global.
Once it cross 150 convincingly, one can expect 180, above that no mans zone, which can take this script to a entirely different level in upward direction.
