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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 5499914

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 626.75 630.00 630.00 610.00 1.043 times
19 Tue Nov 2024 630.35 616.00 639.60 614.40 2.048 times
18 Mon Nov 2024 609.85 593.00 617.60 582.85 1.506 times
14 Thu Nov 2024 575.65 575.00 596.00 570.30 1.237 times
13 Wed Nov 2024 568.10 591.10 594.95 565.00 1.24 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 633, for a target of 615.1 or 600.23

Share price targets for Varun Beverages (VBL)

Target Type Value
Downside Target 536.85
Downside Target 565.00
Downside Target 580.45
Upside Target 631.20
Upside Target 639.60
Upside Target 1412.50
Upside Target 1507.75
Upside Target 1589.30
Upside Target 1609.45
Upside Target 1702.80

Intraday share price targets for Varun Beverages (VBL)

Target Type Value
Downside Intraday Target 593.2
Downside Intraday Target 559.65
Upside Intraday Target 649.95
Upside Intraday Target 673.15
Downside Intraday Target 616.4

Weekly technical analysis of Varun Beverages (VBL)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 626.75 593.00 639.60 582.85 1.339 times
14 Thu Nov 2024 575.65 588.00 607.95 565.00 0.781 times
08 Fri Nov 2024 591.55 611.00 615.95 580.45 2.375 times
01 Fri Nov 2024 608.50 592.00 615.45 592.00 0.921 times
30 Wed Oct 2024 605.55 608.25 615.55 589.40 0.27 times

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

Monthly technical analysis of Varun Beverages (VBL)

Date Monthly Closing Price Open High Low Volume
21 Thu Nov 2024 626.75 600.00 639.60 565.00 0.442 times
31 Thu Oct 2024 597.75 608.00 631.20 536.85 1.682 times
30 Mon Sep 2024 606.30 1500.85 1589.30 602.25 2.066 times
30 Fri Aug 2024 1500.90 1591.05 1609.45 1412.50 0.916 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 23, 17, 15 Buy
MACD -79, -99Buy
Stochastics 85Buy
CCI 132Sell
RSI 56Buy
OBV 1737635Sell
VWAP 602Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Varun Beverages ( (VBL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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

Varun Beverages Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Varun Beverages in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 601.81 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 rising upwards.

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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