The stock was given on 18th Aug at 790 and it hit the target of 850 today. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas. For reference, I am attaching the idea suggested below.
NSE:VBL vbl just make triangle pattern and yesterday was the day when it get breakout 1) vbl in up trend 2) last time touches new high and go for sidways 3) now it makes triange pattern and confirm it on 23 aug 4) it break the pattern in up side with good volumes 5) retesting is confirmed 6) target previous high and trail it to new high
Few pointers about my analysis of VARUN BEVERAGES : 1.The stock has been in a continuous uptrend with lots of bullish continuation patterns ,which is good for healthy upward trend, higher the no. of valid patterns better it is. 2.The stock just broke out of an ascending triangle pattern , which is again is a continuation pattern. 3.Volume spurt : breakout...
Published a bit late but still good to enter in small quantity. Risk to Reward ratio currently not in the favour so safe traders can add on retest. looks strong in a market where midcap and smallcap are underperforming. keep a strict stoploss and targets are on your screen.
A good rally of 9% can be seen in above stock . It show a channel pattern breakout with decent volumes and rest of details is seen on the chart. Maintain your risk reward ratio and be profitable.
looks good for decent move above 810 both intra and swing keep learning
VBL - Makes VCP + Ascending Triangle Pattern With increase in Volume since last 3 sessions For Educational Purpose Only, Invest At Your Own Risk
The stock looks good above 810 positionally for possible targets of 850 and 900
VBL LONG VIEW DARVAS BY DARVAS JUMP GOOD STRENGTH IN DATA & SENTIMENT CMP: 806 SL: 700 BUY AT/ABOVE 825/830 LEVEL FOR TARGETS: 950/1050/1100+ SL: 700 Buy On DIPS Approach till in the DARVAS Educational Purpose only
ascending triangle breakout!! RSI coming into bullish zone qrtr result surprisingly good
NSE:VBL VBL Wedge breakout with close above the Wedge resistance. Target around 830 previous high. RSI and MACD is also gaining strength.
( Analysis for Educational Purpose Only) By @Vinita_Enggr
Varun Beverages can be taken on a swing basis based on giving analysis One May take position based on own risk PLS LIKE AND SHARE !!!!
Hello Traders, Varun Beverages has given a good breakout candle on 75 minutes and daily chart. It has been bought with huge volumes. I recommend trading this stock as follows:- 1. Daily SSL is 770. Meaning if stock trades below 770 at closing time then we exit our position. 2. Enter 40% quantity now at CMP. Enter 30% quantity at 800 and enter 30% at 785. I...
Check out my #VBL analysis #VBL Looks good for Long swing Trade CMP: ₹806.65 Target: ₹915 , Previous swing High View: Short-Term FMCG Sector outperforming in this bleeding Mkt The stock has given breakout with Good volume support increasing delivery Qty & delivery %
VBL has taken a good support at previously broken resistance and 61.8% retracement after previous rally. Closed at high in last trading session with relatively good volume. Can be good long intraday and swing trade above 810. Follow strict risk management.
vbl chart analysis for intraday and swing trading other information given on chart