VBL trade ideas
Varun Beverages LtdDaily Chart Pattern
Stock on trend line Support
Can See Good Up move from here
Good Trade for Short Term
PROS
Company has delivered good profit growth of 30.02% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.64%
CONS
Stock is trading at 8.27 times its book value
Promoter holding has decreased over last 3 years: -7.18%
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Varun Beverages LongPlace SL below Trendline go for Long Trade......Wait for confimation...If you can see a big volume then enter
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Varun- Can it reach 1200+Inverse head and Shoulder in formation on daily chart. Target 1180-1200 and SL to be 960.R:R in favor. Moving upwards of 20 EMA. Hope market conditions improve.
Varun beverages Flag Pattern BreakoutBUY VBL above major resistance 1075 for 1117 and this types of breakout are very powerful, it may happens that you won't get chance to ride so just see 15 minutes candle for breakout, after breakout target will be achieved in 3 days. Thank you. ( Trade according to your risk i am not responsible for any losses)
The stock can test ATH againThe stock gave a BO last week and retested. Looking strong for upmove now. Go long above 1060
Varun Beverages looking good for short term.buy at 962 above only 50% more add in dips till-905-900 after 1month consolidation this stock is ready to give big move.
trgt-990-1007-1036-1050
Rounding Bottom pattern around ATHThe stock gave a great move today and is making a rounding bottom pattern. Looks good above 1075 level
VBL taken support after slight downtrend, may cross 1075VBL after a slight downtrend has taken major support and resumed upward move...may reach 1075
VBL- A Possible rise?Varun beverages has been testing its breakout levels and and interestingly it has been consolidating near retest.
Price has stopped making lower lows and now volume is pushing prices up again and again.
A price action for the reference:-
We can call it a triple R concept as well but not until it breaks out the red line marked at 933.
Keep an eye folks fingers crossed...
Varun Beverages at Recent Support and having MACD CrossoverVarun Beverages at Recent Support and having MACD Crossover
VBL | Symmetrical Triangle Breakout 🎯⭕ Swing Trading opportunity ! 4hr Chart Alert !!!⭕
-- Buy above= 910
--Target = 998
--Stop-loss = 878
--R:R =4.08
--Expected Profit = 10%
--Expected Holding = 1 Months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Symmetrical triangle breakout
2) Volume is good
3) Target is based on resistance level
4) there is 50 ema breakout as well
5) Stock might retest or not
👇Possible resistance zone 👇
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✍COMMENT Below your view !
VBL Short After a double top with bearish divergence, the stock has fallen well and holding support now but RSI support was broken. If it trades below 870 would be a good opportunity to short in the upcoming days.
view negated above 945.
T1 - 820
T2 - 760
Disc: Not a trading recommendation. Educational purpose only.
