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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 2024-05-31 View latest technical analysis

10 day averaged volume of Varun Beverages is 1278472

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	1426.80	1438.75	1445.45	1390.25	3.627 times
30 Thu May 2024	1438.80	1431.80	1464.75	1430.30	1.082 times
29 Wed May 2024	1430.30	1459.75	1469.25	1428.10	1.453 times
28 Tue May 2024	1470.05	1483.00	1498.50	1465.15	1.257 times
27 Mon May 2024	1496.55	1500.90	1500.90	1476.00	1.033 times
24 Fri May 2024	1498.30	1502.35	1509.05	1485.00	1.313 times
23 Thu May 2024	1502.35	1518.00	1520.00	1498.10	0.806 times
22 Wed May 2024	1514.10	1514.45	1523.40	1508.00	0.798 times
21 Tue May 2024	1511.50	1520.00	1520.00	1494.50	1.22 times
18 Sat May 2024	1507.25	1520.00	1520.00	1505.00	0.138 times

Stock of Varun Beverages (VBL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1417.2, for a target of 1452.4 or 1481.61

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	1390.25
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	1377.73
Downside Intraday Target	1328.67
Upside Intraday Target	1488.38
Upside Intraday Target	1549.97
Upside Intraday Target	1439.32

Weekly technical analysis of Varun Beverages (VBL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	1426.80	1500.90	1500.90	1390.25	2.043 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, 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
31 Fri May 2024	1426.80	1475.10	1559.00	1390.25	1.191 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 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 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 gaining 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 weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Varun Beverages in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1464.78 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.