VARUN BEVERAGES LIMITED stock forum
VBL #VBL
Stock is facing resistance in daily time frame. Can expect good upmove once
resistance is broken and starts trading above it.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
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VBL Here are some key levels related to the VBL 1-hour chart:
Resistance Levels:
Immediate Resistance: 13.50-13.60
Medium-term Resistance: 13.80-13.90
Long-term Resistance: 14.20-14.30
Support Levels:
Immediate Support: 12.80-12.90
Medium-term Support: 12.40-12.50
Long-term Support: 11.80-11.90
Trend Lines:
VBL tgt2 960 achieved on 26th september around 10.5% returns in 40 days.1:2.
VBL tgt1 930 achieved on 17 august.Around 7% returns in 2 days.
VBL cmp 868.15 sl 815 on daily closing basis for tgt1 930 tgt2 960.add in between 828-848.(Duration 2 months).
VBL final tgt achieved on 26th may.(16%of returns in 26 days).VBL Vbl tgt achieved wiithin 2 weeks (returns above 8%)
VBL cmp 1474 sl 1430 on daily closing basis for tgt 1 1515 tgt 2 1600 duration 2-3 months.final tgt 1713 duration 6months.
VBL The share weekly chart is the correction zone, This is time to wait & watch time, i am bullish this share but this time i am not add any position.
