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 1380.
#This is not Buy and Sell recommendation to any one. This is for...
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...
1) Crucial support tested more than 3 times
2) Inverted Flag pattern
3) The consolidation is very tight
4) market sentiments are bearish today
5) Target is at crucial Support in daily time frame
Note:
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...
Long varun bevarges above 940 for the next target level of 975-985-1000 with small SL of 905. Very good trade with good risk to reward. Entry taken only after the BO of Resistance level. This is for your educational purpose only.
VBL 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...
The stock is in consolidation mode and there is resistance zone around 925-935. Once it breaks this resistance zone it will move upwards ....see chart for targets.
Target 1 =880 (Book 80%)
(Target 2 = Trail up to 920)
Stoploss = 750
- Formation of Higher lows.
- Repeatedly Hitting Resistance 1 (which is making it weaker).
- A Strong Support at 720.
- Bullish weekly pattern.
Varun Beverages, my version: The stock is about to cross the upper trendline. If it sustains the next candle closing above the trendline, then it's perfect BO :)
Twice before, it couldn't sustain the trendline breakout.
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...
The stock is over all riding a Rising Parallel Channel.
Inside that it has been consolidating in a Darvas Box from late 2020.
Inside that, it has formed an Inverted Head and Shoulder pattern to breakout from this consolidation.
Ride the Trend.
This analysis is for educational purposes only, kindly research and ask your financial advisor before investing. Thanks you :)
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