VARUN BEVERAGES LTD
Long
Updated

VBL-An ATH breakout in super bullish FMCG stock

1168
VBL has been a consistent outperformer among FMCG stock in this bull run.
As we can clearly see, stock is forming a beautiful staircase pattern(continuous flag pole) during the uptrend.
Stock has given breakout in closing basis of ATH. A good stock for quick momentum traders.
Not a recommendation.

If interested, do check the chart of RVNL which has shown a similar staircase pattern in past.
Trade closed: stop reached
sl hit but still can be kept in radar

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