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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 2024-06-04 View latest technical analysis

10 day averaged volume of Varun Beverages is 1782163

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1413.40	1450.00	1455.35	1320.05	1.447 times
03 Mon Jun 2024	1464.05	1474.00	1475.00	1432.45	0.969 times
31 Fri May 2024	1426.80	1438.75	1445.45	1390.25	2.602 times
30 Thu May 2024	1438.80	1431.80	1464.75	1430.30	0.776 times
29 Wed May 2024	1430.30	1459.75	1469.25	1428.10	1.042 times
28 Tue May 2024	1470.05	1483.00	1498.50	1465.15	0.902 times
27 Mon May 2024	1496.55	1500.90	1500.90	1476.00	0.741 times
24 Fri May 2024	1498.30	1502.35	1509.05	1485.00	0.942 times
23 Thu May 2024	1502.35	1518.00	1520.00	1498.10	0.579 times
22 Wed May 2024	1514.10	1514.45	1523.40	1508.00	0.572 times

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 1409, for a target of 1446.6 or 1477.98

Share price targets for Varun Beverages (VBL)

Target Type	Value
Downside Target	1260.00
Downside Target	1320.05
Downside Target	1349.70
Downside Target	1390.25
Upside Target	1475.00
Upside Target	1500.90
Upside Target	1512.70
Upside Target	1523.40
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	1330.63
Downside Intraday Target	1247.87
Upside Intraday Target	1485.58
Upside Intraday Target	1557.77
Downside Intraday Target	1402.82

Weekly technical analysis of Varun Beverages (VBL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1413.40	1474.00	1475.00	1320.05	0.399 times
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

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
04 Tue Jun 2024	1413.40	1474.00	1475.00	1320.05	0.089 times
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

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1453.42 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 negative.

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