10 Indian Stock Market Tip - Tata Global Beverages Ltd.


Last Trade price:132.85
Market Cap :8215.43
Face Value :1
52 Weeks High Low:134.15-80.00
Open:130.9
High:134.15
Average 30 days:121.73
Resistance 1 :134.50
Resistance 2 :136.15
Resistance 3 :138.15
% Change:1.22
Volume :2352342
Market Lot :1
Days Range :134.15-130.5
Prv Close:131.25
Low:130.5
Average 50 days:116.84
Support 1 :130.85
Support 2 :128.85
Support 3 :127.20

















Tata Global Beverages is a global beverage business and the world`s second largest tea company. The company has a stable of innovative regional and global beverage brands, including: Tata Tea, Tetley, Himalayan natural mineral water, Tata Water Plus and Tata Gluco+, Good Earth tea, Grand Coffee and Eight O`clock coffee.

The stock had hit a 52-week high of Rs 134.15 on Friday, 9 August 2012. The stock had outperformed the market over the past one month till date, surging 4.6% compared with Nifty`s 1.7% rise. The scrip had also outperformed the market in past one quarter, jumping 15.04% as against Sensex`s 6.37% rise.

The mid-cap branded packaged tea maker has equity capital of Rs 61.84 crore. Face value per share is Re 1.

Before turning ex-dividend, the stock offered a dividend yield of 1.65% based on the closing price of Rs 130 on Wednesday, 8 August 2012.

On Charts this stock is showing strength both in Daily, Weekly and Monthly basis with a strong resistance at 139 and strong support at 126. 

We recommend this stock to buy above 139 for a short to medium term target of 150+ with a stop loss of  129. Please refer chart below for more details.




10 comments:

  1. Thank you for the call..Will wait for this from monday

    ReplyDelete
  2. Tata Global High 135.50...Very strong on charts but long only above 139. Lets wait and watch till that level

    ReplyDelete
  3. We have not yet closed this call. You can hold your positions. Keep 129 as strict stop loss.

    ReplyDelete
  4. Tata Global high 144.20 and closed at 142.85 with 9% Jump in 1 single day. Enjoy!!!

    ReplyDelete
  5. I am holding my positions for Targets and keep 139 as Stop Loss.

    ReplyDelete
  6. The wait to sip Starbucks coffee in India has just got a bit longer. The world's largest coffee chain, which has a joint venture with Tata Global Beverages to operate in the country, will now open its first cafe only by the end of October. The joint venture was signed in January this year and according to the plans then, the first outlet called 'Starbucks Coffee - A Tata Alliance' was expected to open by August-September and 50 cafes would be rolled out in the first phase.

    The outlet will open in the Horniman Circle area of Mumbai and will be the first Starbucks location to feature espresso sourced and roasted locally from India through the coffee sourcing and roasting agreement with Tata Coffee.

    Starbucks has more than 17,000 outlets around the world. Apart from the retail joint venture, Starbucks already has a partnership with Tata Coffee to source Arabica beans from India.

    ReplyDelete
  7. Tata Global CMP 149 and high 149.30. I have Book 50% now at 149 and rest holding with strict stop loss of 144. Enjoy!!!!

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  8. Tata Global Target achieved but I am still holding 50% of my positions with strict trailing stop loss of 142.90 (changed from 144 now to 142.90).

    ReplyDelete
  9. Tata global CMP 151. Please keep strict Trailing Stop loss as 150

    ReplyDelete
  10. Trailing stop loss hit and this position is closed with 8% profit in total. Enjoy!!!

    ReplyDelete

Thanks for giving your valuable inputs, TRENDGURUS

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