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(VBL) Varun Beverages complete technical analysis [charts+indicators] | Buy/Sell Varun Beverages | (VBL) share price targets

Complete technical analysis of Varun Beverages (VBL) by charts plus indicators, forecast predictions and share price targets for Varun Beverages (VBL)

10 day averaged volume of Varun Beverages is 2769233

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1515.50 1500.00 1519.90 1495.00 0.416 times
16 Thu May 2024 1493.25 1492.00 1499.30 1473.00 0.609 times
15 Wed May 2024 1499.40 1500.20 1516.95 1486.00 0.756 times
14 Tue May 2024 1489.05 1500.00 1559.00 1482.45 2.477 times
13 Mon May 2024 1477.30 1486.75 1496.20 1405.10 2.364 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1504.4, but if it comes below 1504.4, then a intra day sell could be more profitable.
If you take a sell trade below 1504.4, then use 1504.4 as stoploss and 1471.47 as target. However if you take a buy trade in stock , then use 1504.4 as stoploss and 1543.9 as target.

Share price targets for Varun Beverages (VBL)

Target Type Value
Downside Target 1196.40
Downside Target 1260.00
Downside Target 1309.95
Downside Target 1349.70
Downside Target 1401.40
Downside Target 1495.00
Downside Target 1512.70
Upside Target 1527.45
Upside Target 1544.95
Upside Target 1559.00
Upside Target 1561.95

Intraday share price targets for Varun Beverages (VBL)

Target Type Value
Downside Intraday Target 1427.4
Downside Intraday Target 1339.3
Upside Intraday Target 1581.3
Upside Intraday Target 1647.1
Downside Intraday Target 1493.2

Weekly technical analysis of Varun Beverages (VBL)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1515.50 1486.75 1559.00 1405.10 1.96 times
10 Fri May 2024 1463.30 1507.00 1512.70 1433.00 1.142 times
03 Fri May 2024 1506.70 1455.00 1527.45 1442.75 1.37 times
26 Fri Apr 2024 1459.70 1405.40 1470.00 1401.40 0.564 times
19 Fri Apr 2024 1396.10 1360.05 1422.80 1349.70 1.178 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Varun Beverages (VBL)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1515.50 1475.10 1559.00 1405.10 0.789 times
30 Tue Apr 2024 1479.45 1408.00 1544.95 1349.70 1.076 times
28 Thu Mar 2024 1398.60 1428.05 1495.00 1354.20 0.819 times
29 Thu Feb 2024 1408.50 1282.80 1561.95 1260.00 1.108 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Varun Beverages (VBL)

Indicator Name Indicator Value Indicator Signal
ADX 24, 17, 15 Buy
MACD 37, 34Buy
Stochastics 63None
CCI 99Buy
RSI 49Sell
OBV 16122537Sell
VWAP 1482Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Varun Beverages ( (VBL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Varun Beverages ( (VBL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Varun Beverages ( (VBL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Varun Beverages ( (VBL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Varun Beverages stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Varun Beverages in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Varun Beverages Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Varun Beverages in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Varun Beverages is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1482.37 and Varun Beverages (VBL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Varun Beverages (VBL) stock. Volume based technical analysis of Varun Beverages (VBL) stock is negative.

Varun Beverages Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Varun Beverages charts

Click here for further forecast and predictions for tomorrow

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