Traders with a short-term view can buy the stock of Tata Global Beverages at current levels. It jumped 5 per cent breaking above a key resistance at ₹270 on Wednesday.
This rally has strengthened the short-term uptrend.
It trades well above the 21- and 50-day moving averages. Overall, the short-term outlook is bullish. It can extend the uptrend and knock the price targets of ₹291 and ₹297 in the coming trading sessions. Traders can buy the stock of Tata Global Beverages with a stop-loss at ₹274.
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