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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)

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Varun Beverages is 1308780

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	1438.80	1431.80	1464.75	1430.30	1.057 times
29 Wed May 2024	1430.30	1459.75	1469.25	1428.10	1.419 times
28 Tue May 2024	1470.05	1483.00	1498.50	1465.15	1.228 times
27 Mon May 2024	1496.55	1500.90	1500.90	1476.00	1.009 times
24 Fri May 2024	1498.30	1502.35	1509.05	1485.00	1.283 times
23 Thu May 2024	1502.35	1518.00	1520.00	1498.10	0.788 times
22 Wed May 2024	1514.10	1514.45	1523.40	1508.00	0.779 times
21 Tue May 2024	1511.50	1520.00	1520.00	1494.50	1.191 times
18 Sat May 2024	1507.25	1520.00	1520.00	1505.00	0.135 times
17 Fri May 2024	1515.50	1500.00	1519.90	1495.00	0.879 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1458.7, but if it comes above 1458.7, then a intra day buy could be more profitable.
If you take a sell trade below 1458.7, then use 1458.7 as stoploss and 1426.5 as target. However if you take a buy trade in stock , then use 1458.7 as stoploss and 1485.6 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	1405.10
Upside Target	1485.00
Upside Target	1512.70
Upside Target	1523.40
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	1410.97
Downside Intraday Target	1383.13
Upside Intraday Target	1483.77
Upside Intraday Target	1528.73
Upside Intraday Target	1455.93

Weekly technical analysis of Varun Beverages (VBL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	1438.80	1500.90	1500.90	1428.10	1.166 times
24 Fri May 2024	1498.30	1520.00	1523.40	1485.00	0.286 times
18 Sat May 2024	1507.25	1486.75	1559.00	1405.10	1.979 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

Price has moved down 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
30 Thu May 2024	1438.80	1475.10	1559.00	1405.10	1.076 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

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Varun Beverages ( (VBL) ) based on a short 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.

Price action analysis of Varun Beverages ( (VBL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Varun Beverages Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

RSI is generating a SELL signal in short term and selling is picking up 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 1483.12 and Varun Beverages (VBL) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.