baap_of_breakout analysis of multibagger stocksthis analysis is behalf of previous suggested stocks how they performs last week
Varunbeverage
VBL - Ichimoku Bullish BreakoutStock Name - Varun Beverages Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1380.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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VBL - Ichimoku Bullish Breakout Stock Name - Varun Beverages Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1200
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
VBL VARUN BEVNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Varun Beverages(VBL) for Swing TradeVBL was consolidating at Support Zone if level 837 will Break We will go long. We Will go Short if 800 level Break down.
Long Entry: If a candle closes Above 837 and it's High Breaks.
Long TGT: 925
Long SL: if a Candle closes below 805 and it's low Break.
*******
Short Entry: if a Candle closes below 800 and it's low Break
Short TGT: 710
Short SL: If a candle closes Above 837 and its High Breaks.
******
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/information purpose only **********
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VBL for 860+Hello Traders,
Varun Beverages has given a good breakout candle on 75 minutes and daily chart. It has been bought with huge volumes.
I recommend trading this stock as follows:-
1. Daily SSL is 770. Meaning if stock trades below 770 at closing time then we exit our position.
2. Enter 40% quantity now at CMP. Enter 30% quantity at 800 and enter 30% at 785. I believe the lower levels wont reach but keeping safe side because of market sentiments.
3. Target is 860.
4. If the lower levels are not reached and stock continues up-move then we can buy remaining 60% quantity when it crosses 821 with a momentum.
Happy Trading!
Varun Beverages LtdDaily Chart Pattern
Stock on trend line Support
Can See Good Up move from here
Good Trade for Short Term
PROS
Company has delivered good profit growth of 30.02% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.64%
CONS
Stock is trading at 8.27 times its book value
Promoter holding has decreased over last 3 years: -7.18%
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
