Note: This is for educational purpose only.
There seems to be a bullish trend reversal at support. The trend line support coincides with Bollinger Band lower band as well. There is a high volume which accompanies the trend reversal.
NSE: Varun Beverages One more attempt for Breakout .
Since July 31 till Jan 15, Stock was oscillating between 670 to 829
Flat consolidation with 2 attempt for breakout
Stock is consolidating near 829 level since last few days, might be one more attempt for breakout
Possible Long after close on daily chart above 830 for a target of 873 and 920 in short term.