BO of the channel pattern with a huge volume. Seems like it will make a new high in the coming week. One can look for long opportunity at Current Market Price or wait for Retrace.
Plan your trade according to your Risk Management.
This is not a call invest on your own risk.
Please do follow.
this is just sharing pure chart with you
my recomandation level is around 964-967
our target is already achieved which is 990
we hold this poistion with trailing stoploss of 985
Buy Varun Beverages for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) With the normalisation of mobility, a full-fledged summer season after the acquisition of south & west territories is likely to drive robust volume growth.
2) The company has launched several new brands in the last two years...
Note:
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...
I have been watching over Varun Beverages graph since it fell drastically at the price of 822 INR. I have been observing upward rally of VBL since then and right now it has reached 930 INR and is expected to give more returns within next month. Today the graph of VBL crossed 20 MA and right now is in safe zone to buy as well as one can go for swing trade of 12-15...
Price is making HH and HL and taking support from a below trend line.
One can go long for a min tgt of 5 % once it breaks the trend line as shown in chart
