VBL
VBL : Breakout Candidate (1-3 Months)#VBL #breakout #swingtradesetup #swingtrading #breakoutstock #Momentumtrading
VBL : Swing Trade
>> Breakout candidate
>> Trending setup
>> Momentum Building up
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Pls Follow, Boost & comment if u like the setup or u want to discuss the setup
Disc : Charts share for learning purpose only not a Trade recommendation. Consult your Financial Advisor or do your own research before taking position in this.
Varun Beverages Ltd. (NSE) with Fibonacci retracement levelsThis chart appears to be a daily candlestick chart of Varun Beverages Ltd. (NSE) with Fibonacci retracement levels applied, a 200-day Simple Moving Average (SMA), and an RSI indicator.
### Analysis:
1. **Fibonacci Retracement:**
- Key Fibonacci levels:
- **0.382 (625)**: Current resistance zone, as the price is hovering near it.
- **0.5 (609.5)**: A critical support level; the price has bounced from this zone previously.
- **0.618 (593.05)**: Acts as a strong support zone below.
- **0.786 (569.65)**: Major support; the price has not yet tested this level recently.
2. **Resistance Levels:**
- **625 (0.382 retracement)**: Immediate resistance level. A breakout above this level could lead to upward momentum.
- **640-660 Zone**: A significant resistance cluster, as seen from previous price action.
3. **Support Levels:**
- **609.5 (0.5 retracement)**: Immediate support zone.
- **593 (0.618 retracement)**: Secondary support level. If breached, further downside could be seen.
- **200-SMA (602.49)**: Strong dynamic support. The price respecting this SMA indicates a potential bullish bias if maintained.
4. **Moving Average:**
- The **200-SMA** is slightly sloping upward, suggesting the long-term trend is still positive.
5. **RSI Indicator:**
- **Current RSI: 53.72**: Neutral zone. It indicates neither overbought nor oversold conditions. If RSI crosses 60, it could confirm bullish momentum.
### Key Observations:
- The price is consolidating between the **609-625 range**.
- A breakout above **625** could lead to testing the upper resistance levels around **640-660**.
- If the price breaks below **609**, expect support at **593 (0.618 retracement)** and the **200-SMA at 602.49**.
### Suggested Strategy:
- **Bullish Scenario**: Wait for a breakout above **625** with strong volume for a potential upward move.
- **Bearish Scenario**: If the price breaks below the **609-602 zone**, it might head toward **593 or 570**. Consider short trades below these levels.
VBL-An ATH breakout in super bullish FMCG stock 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.
Just A View - VBL📊 Script: VBL
📊 Sector: FMCG
📊 Industry: Food - Processing - Indian
Key highlights: 💡⚡
📈 Script is trading in consolidation zone since last few trading session.
📈 Script has to give breakout or breakdown to came put of consolidation zone.
📈 For breakout script has to give closing above 1644, and for breakout script has to give closing below 1578
KEEP AN EYE ON STOCK
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Keep An Eye - Consolidation Breakout Soon - VBL📊 Script: VBL
📊 Sector: FMCG
📊 Industry: Food - Processing - Indian
Key highlights: 💡⚡
📈 Script is trading near its resistance level which is 1477.
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD and Double Moving Average are giving crossover .
📈 Right now RSI is around 62.
📈 One can go for Swing Trade only above 1477.
BUY ONLY ABOVE 1477
⏱️ C.M.P 📑💰- 1475
🟢 Target 🎯🏆 - 1561
⚠️ Stoploss ☠️🚫 - 1433
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Nifty FMCGList of stocks in Nifty FMCG
Britannia Industries Ltd
Colgate Palmolive Ltd
Dabur India Ltd
Emami Ltd
Godrej Consumer Products Ltd
Hindustan Unilever Ltd
Itc Ltd
Jubilant Foodworks Ltd
Marico Ltd
Nestle India Ltd
Procter Gamble Health Ltd
Tata Consumer Products Ltd
United Breweries Ltd
United Spirits Ltd
Varun Beverages Ltd
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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VBL - On the verge of a BreakoutVarun Beverages is an Indian Franchisee bottler company which distributes carbonated soft drinks and non-carbonated beverages sold under trademarks owned by PepsiCo. This a consistent high return giver for last few years . Now considering for a stock split on next month. Expecting a 20- 25 % movement from this level in a short span of time .
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 - 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 1126
#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.
FMCG sector weekly chart analysis with stock explanationRecently if we observe closely, FMCG Sector is outperforming & helping index to move higher and higher, where it contribute nearly 8% of Nifty 50.
In which ITC is having the highest weightage in the FMCG sector (nearly 30%) followed by HUL (24%), Nestle (7%) and Tata consumer (6%) respectively.
Adding to this VBL is outperforming like anything, compare to other stocks in this sector, VBL Chart was really great. which contribute 2.5% to the FMCG sector.
Britannia, Dabur, P&G & Colpal are the other important stocks in this sector.
Keep an eye on these stocks for the coming days.
As FMCG sector look very bullish & broke its 52 Weeks high and also 18 Oct 2021 weekly high in these recent weekly Chart. Which helped in forming double top pattern.
In coming days if the price closes above 42000 level comfortably , then we can expect further bullish movement which has a potential to reach 50000 range in upcoming days.
39000-40000 range must act as important support Level, if price is unable to sustain in the present level.
This is just overall view of FMCG sector. Not a recommendation to trade in any stocks, Do your own analysis before taking any trade.
NSE:CNXFMCG
NSE:ITC
NSE:HINDUNILVR
NSE:VBL
NSE:NESTLEIND
BSE:TATACONSUM
NSE:BRITANNIA
NSE:DABUR
NSE:PGHH
NSE:COLPAL
NSE:MARICO
Varun Beverages: VBL - Long - Swing + IntradayVBL has just given breakout on the upside for an ascending triangle formation successfully giving a daily close above the previous 52week high and all time high.
For swing traders, it can be bought on retest of levels around 1005-1020. Ideally the SL should be 990 owing to the psychological figure barrier that it broke. But considering ascending triangle rules, SL can be kept near 965 with a Target which is a confluence of ascending triangle as well as 1.618 ratio i.e 1138. This give a R:R of nearly 2.5.
Booking half quantity here and trailing SL to 1000, It can be held for targets of 1195 giving further higher R:R.
Intraday traders can buy on 15min candle close above previous day's high with SL 5-10 points below previous days high since it is slightly volatile for targets of 1098.
Cheers to Pepsi!
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