VBL
VBL Long opportunityNSE:VBL
Hello all!
VBL has been stuck in a range since August 2021. After about 9 months of consolidation, It is now near its lower trendline and there are high chances that the stock might break out from here.
Though the perfect entry would be after the breakout, accumulation in small quantities can be done here.
*NOT A CALL*
Intraday Trade: watch for resistance breakout buy above 1015 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Varun Beverages ready for the uptrend!🤩💸🔥Buy Varun Beverages for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) With the normalisation of mobility, a full-fledged summer season after the acquisition of south & west territories is likely to drive robust volume growth.
2) The company has launched several new brands in the last two years i.e. String, ‘Mountain Dew ICE’, milk-based beverages. New products would aid revenues & margins.
3) Given the Capex requirement equal to depreciation, VBL would be able to de-leverage its balance sheet in the next three to four years with strong free cash flow. The reduction in interest cost to boost profitability
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✅Both Technically and Fundamentally strong stock.💪💪
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
VARUN BEVERAGES LONGVARUN BEVERAGES LONG
Good chart on weekly levels.
Target - 1005 - 1072
Higher high at resistance level.
Short term.
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
VBL forming flag patternstock is in strong uptrend.
very good risk reward.
SL- around 888
#the_pravin #simPlepriceaction #notoindicator #nakedchart #swingtrading
VBLNote:
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, Buy @ 949, Target - 1000 / 1030, SL - 920The upward trend remains intact and the current correction has provided a good entry level.
vblNSE: VBL
-Channel Formation
-Volume Growth
-Breakout Candidate
-Recently Break Previous Resistance With Volume
VBLNote:
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.
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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.
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*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/information purpose only **********
>> Visit My Ideas Page for Daily Stock Analysis, Follow for Live Updates. <<
Trying to break highs keep this into your watchlistBUY:- Buy VBL above 952 with a stop loss of below 930. VBL trying to break highs as for now, it's consolidating near the levels.
Disclaimer :- This is only for educational purposes please do your own analysis before investing hard-earned money.
Go long above 920. A clear breakout with decent volumes. VBL is giving a clear breakout with decent volumes. A good candidate to go long above 920. Can keep 8-10% as stoploss and 20 - 24% as target.
VBL1) Bollinger band upper band breakout
2) Volume support parallel channel breakout with volumes
3) 1D MACD Buy, ADX is Inc, RSI > 60
4) 1W MACD Buy
5) Price > 20 EMA
VBL one more candle for confirmationVarun 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.
VARUN BEVERAGES RANGE BREAKOUTPublished a bit late but still good to enter in small quantity. Risk to Reward ratio currently not in the favour so safe traders can add on retest. looks strong in a market where midcap and smallcap are underperforming. keep a strict stoploss and targets are on your screen.
VBL near breakout keep an eyelooks good for decent move above 810 both intra and swing
keep learning
VBL Wegde BreakoutNSE:VBL
VBL Wedge breakout with close above the Wedge resistance. Target around 830 previous high. RSI and MACD is also gaining strength.
