VARUN BEVERAGES (1D TF) - Swing Trade Analysis given on 25th March, 2024 Pattern: FALLING WEDGE BREAKOUT - Trendline Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress
Stock is trading with higher high pattern maintaining supportive trendline and on split news stock tumbled a bit, however in last trading session it shown some upward movement, entry above 1610 may give good risk reward before stock split.
varun beverage - there is forming a bullish triangle pattern, as per the pattern says market breaks the pattern top, then the market will go up.
