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.