VBL chart analysis only for study prupose profit booking stock
The stock has broken out and is retesting. The chart says it all. Your comments will be highly appreciated and motivating Only for educational purposes.
its gives breakout and now came for retest there is 20 ema support and it foam a morning star candle which indicate bullish trend
VBL NSE VARUN BEVERAGES is bullish if 950 holds. New Lifetime high. New 52weekHigh. Fresh Breakout above 950. *** Educational purpose only. NSE:VBL
VARUN BEVERAGES - update Look at the chart structure here. Yesterday was a panic sell day and most longs ended up winding their positions out of fear. Check the price action today. Aggressive buying seen by bulls which pushed the price out of the channel. Look at the volumes, nearly 5X. Since it has closed at a very strong resistance today, I would urge...
Break out on daily frame on channel pattern. Hope for more uptrend until first target hit . More details on above pic with hint for entry and target .
Long For Varun Beverages ( 3 Month Target ) Enter Above 920 Target 1200 Stop Loss 900
Varun Beverages (VBL), a stock of FMCG sector has given a weekly closing above 800 for the first time after its split on 10th June 2021. The day high of '810' on Friday coincides with 38.2% golden ratio on Fib levels. Above 811, it can easily give 1-2% targets in intraday. A 15 minute candle closing above 810, ater 9.45 am can be a good buy for a swing trade too....
Price getting contracted day by day possible new ATH from here on and supported by outstanding results.
Buy VBL between 800 to 810 for a targets of 846 and 910 and SL will be 770
Vbl is at the breakout level and also forming triple bottom pattern . Buy above 815 Stoploss 795 Target 850/875/900
VBL - Moving within Channel and now looking to breakout the small consolidation Zone. 1050 a possibility towards upper band of the channel SL is closing below 710. DISC:Not a SEBI Registered. I post charts for my own study
Try to BO triangle pattern. Keep an eye. Levels are on chart
Ascending triangle pattern in #VBL... Wait for BO above 798 with Good Volumes...
VBL getting ready for breakout. Watch out price zone (995.8 and 916.25). Only if price breaks above triangle , expect Looooooooong