VBL trade ideas
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!🥂
Varun Beverages | Retesting breakoutAfter successful horizontal breakout at 935 with heavy volumes on 26 Sep'23, the stock is retesting this level. If it maintains support, higher targets will open up. Else close below 935 will invalidate the breakout and will have to wait for further price action to ride the uptrend.
Note: Sharing my chart reading for educational purpose only. This is not a recommendation for buy or sell.
VARUN BEVERAGES Looks BullishVARUN BEVERAGES looks bullish as it is about to break it All time high. Recent wedge breakout signals that it is ready to break its ATH. It can take a small pullback and then can break ATH or else it can also break the ATH directly. Keep Watching it.
Note: Do your own research while investing.
VARUN BEVERAGES BRAKEOUTTTTTTThis posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give Very huge profits too,So dont judge this channel on any one trade or one day,U take average of all trades and see the average returns,I am not responsible for any kind of losses or profits u face,PLEASE TRADE ON YOUR OWN RISK.
BUY ABOVE HIGH OF BRAKEOUT CANDLE,MOVEING TOWARDS NEW HIGH
BUY AT 1529.35
SL AT 1460.05
VBL - #KNOWLEDGENSE:VBL Varun Beverages Limited, together with its subsidiaries, operates as the franchisee of carbonated soft drinks and non-carbonated beverages sold under trademarks owned by PepsiCo.
1. Return : over the past year the return of VBL's (100.1%) compared to return of beverage industry(23.9%) and compared to indian market (-0.5%)
2. Valuation : can't say VBL dominated peers in terms of price-to-earnings ratio with (62.7x) compared to (64x)peers
3. Future : VBL's forecast earnings growth (19.2% per year) is above the savings rate (6.8%), VBL's revenue (14.2% per year) is forecast to grow faster than the Indian market (10.2% per year).
4. Future ROE : VBL's Return on Equity is forecast to be high in 3 years time (27.6%)
5. Growth profit margin : VBL's current net profit margins (11.4%) are higher than last year (7.9%).
6. Debt : VBL's debt to equity ratio is considered as high but the ratio has been decreasing over the past few years
"i believe the stock has a very bright future"
NSE:VBL is currently trading at 1445.20 with 52-week high of 1474 and expected to have earnings report on 2nd may 2023 .
