VBL trade ideas
VARUN BEVERAGESVARUN BEVERAGES
DAY CHART
FORMING INVERED HEAD AND SHOULDER
BULLISH CROSSEROVER OF EMA
BULLISH CROSSOVER OF MACD
BULLISH RSI @ 67
GOOD VOLUME
BUY CPM @ 1058
TARGET @ 1223++
SL @ 989
VBLHave given a breakout from triangle pattern on day chart. Buy above 1070 tgt 1180 SL 1020. For educational purpose only. Kindly Contact your financial advisor before entering any trade.
VBL coming out of 14 weeks of consolidation + BreakoutVBL coming out of 14 weeks of consolidation + Breakout
Varun Beverages | VBL Stock AnalysisThis analysis is for educational purposes only, kindly research and ask your financial advisor before investing. Thanks you :)
Do share your feedback in the comment section
VBL(Varun beverages) chart analysisVBL has broken it's trendline next trading session it's very crucial for VBL support is around 1000,it is facing very strong resistance at 1030 levels if it breaks with good volumes & susutain th neasily 1050 levels is achievable,safe traders may enter after 1030 levels breakout, although keep an eye on this stock it is giving bonus,hope u like the analysis I am very new to technical analysis trying to improve thank you
Rising wedge Pattern Rising Wedge Formation : This Pattern Has Higher Probability of
Breakdown it's over all a Bearish Pattern.
Varun Beverages - Inverse head & shouldersWait for breakout with volume confirmation.
Trade at your own risk.
VBLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
VBLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
VBL is on the verge of a breakout || BUY SIGNAL SOON.A simple pattern of breakout and retest with a risk: reward of > 2.
+ Entry only after a green candle on a daily closing basis.
Let me know in the comments section if you have any doubts regarding the setup??
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.
