Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
NSE: Varun Beverages One more attempt for Breakout . Since July 31 till Jan 15, Stock was oscillating between 670 to 829 Flat consolidation with 2 attempt for breakout Stock is consolidating near 829 level since last few days, might be one more attempt for breakout Possible Long after close on daily chart above 830 for a target of 873 and 920 in short term.
Varun Beverage : Could it FLY ?? See chart for details.
Buy after breakout STRICTLY For Educational purpose
As seen in chart, a wedge is formed and stochastic is rising but price is falling - classic bullish divergence