BUY - VARUN BEVERAGES LTD (LONG TERM)BUY - VBL
CMP - Rs. 1345
Target - 1: Rs. 1430
Target - 2: Rs. 1750
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Key stats
Market capitalization
901.099BINR
Dividends yield (FY)
0.25%
Price to earnings Ratio (TTM)
59.20
Basic EPS (TTM)
23.05INR
About VARUN BEVERAGES LIMITED
ISIN
INE200M01013
Sector
Consumer Non-Durables
Industry
Beverages: Non-Alcoholic
Website
varunpepsi.com
CEO
Kapil Agarwal
Headquarters
Gurugram
Employees
22.964K
Founded
1995
Varun Beverages Ltd. engages in the manufacture and sale of beverages. Its products include carbonated soft drinks, non-carbonated beverages and packaged drinking water. It operates through the India and Outside India geographical segments. The company was founded by Ravi Kant Jaipuria on June 16, 1995 and is headquartered in Gurugram, India.
“Consolidation zone” BreakoutVBL on the weekly chart has decisively broken out above the “Consolidation zone” between 1350-1120.
Stock is holding above lower band of 3 March, 2023• Stock is holding above lower band of medium term rising channel. It is heading towards upper band of rising channel.
Stock holds above 38% Fibona
VBL on Breakout; above 1351 on Thursday 2 Mar for Intraday gainsPlease check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
Buy VBL VBL has given breakout of the resistance trend line and has retested the levels. It may give a good upside move.
Target: 1430
Accumulation Zone: 1195 to 1230
For educational purpose only, Trade at your own risk!
VARUN BEVERAGES-BULLISH~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
VBL - POSSIBLE UPMOVEVBL @929 CMP, Broke out both triangle and Channel pattern. TGT1-1010 with VERY STRICT SL @ 900.
VBL DOUBLE BOTTOM BREAKOUTVBL breaking out double bottom
target can be 1430+
can retest at1310
educational idea can study
VBL - Parallel channel and box patter breakoutVarun Beverages Ltd has given parallel channel as well as box pattern breakout. It can give 10% from here.
SL is bottom of the channel which is 1123.
Strong Reversal VBL Stock is respecting the trendline support and reversing from FIB .618 level beautifully.
There is high probability that stock will regain the 1400 level in short period.
This is only for educational purpose no any recommendation.
#VBL - Harmonic Bullish Pattern#VBL - Harmonic Bullish Pattern
CMP 1154.90
PRZ - 1111.4
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sel
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