Long

Tata Globals will continue to go down more...

Tata Global Beverages Ltd almost 40% down from its 52 week high.
It may continue its downward journey atleast 20% more from current price.
Its PE ratio is also inline with industry PE ratio, which indicates uptrend from here will make this stock overly bought/ high price.
Bottom fishing can be done starting from 150-160 range for a long term perspective.
bottomfishingChart PatternsperatiotataTATAGLOBALtataglobalbeveragesTrend Analysis

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