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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 2024-06-20 View latest technical analysis

10 day averaged volume of Varun Beverages is 2643977

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	1613.75	1629.80	1643.00	1611.00	0.72 times
19 Wed Jun 2024	1623.00	1640.00	1672.00	1612.85	1.657 times
18 Tue Jun 2024	1624.90	1645.00	1671.00	1620.00	0.774 times
14 Fri Jun 2024	1639.25	1579.80	1650.00	1574.55	1.232 times
13 Thu Jun 2024	1578.55	1598.35	1598.35	1557.70	0.751 times
12 Wed Jun 2024	1557.75	1562.90	1569.00	1554.00	0.497 times
11 Tue Jun 2024	1547.25	1561.00	1571.90	1542.05	0.727 times
10 Mon Jun 2024	1546.05	1525.00	1593.70	1523.00	1.284 times
07 Fri Jun 2024	1518.60	1509.95	1528.00	1498.00	0.794 times
06 Thu Jun 2024	1499.40	1500.00	1512.30	1496.00	0.679 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1587.6, but if it comes below 1587.6, then a intra day sell could be more profitable.
If you take a sell trade below 1587.6, then use 1587.6 as stoploss and 1519.16 as target. However if you take a buy trade in stock , then use 1587.6 as stoploss and 1669.7 as target.

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
Downside Target	1485.00
Downside Target	1544.95
Downside Target	1559.00
Downside Target	1561.95
Downside Target	1611.00
Upside Target	1650.00
Upside Target	1672.00

Intraday share price targets for Varun Beverages (VBL)

Target Type	Value
Downside Intraday Target	1592.5
Downside Intraday Target	1571.25
Upside Intraday Target	1653.5
Upside Intraday Target	1693.25
Upside Intraday Target	1632.25

Weekly technical analysis of Varun Beverages (VBL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	1613.75	1645.00	1672.00	1611.00	0.701 times
14 Fri Jun 2024	1639.25	1525.00	1650.00	1523.00	0.954 times
07 Fri Jun 2024	1518.60	1474.00	1528.00	1320.05	1.152 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

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
20 Thu Jun 2024	1613.75	1474.00	1672.00	1320.05	0.677 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 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)

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 Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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

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 1582.23 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.