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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 2024-08-06 View latest technical analysis

10 day averaged volume of Varun Beverages is 3308179

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1461.95	1510.00	1544.40	1455.00	0.728 times
05 Mon Aug 2024	1504.75	1539.50	1549.50	1500.00	0.682 times
02 Fri Aug 2024	1572.35	1566.00	1580.50	1552.45	0.381 times
01 Thu Aug 2024	1575.75	1591.05	1593.00	1563.05	0.502 times
31 Wed Jul 2024	1577.40	1599.00	1619.95	1575.00	1.185 times
30 Tue Jul 2024	1577.40	1695.10	1699.80	1566.75	3.86 times
29 Mon Jul 2024	1685.30	1698.00	1702.80	1675.05	0.568 times
26 Fri Jul 2024	1676.65	1666.10	1693.00	1652.55	0.863 times
25 Thu Jul 2024	1652.10	1610.00	1659.00	1601.00	0.762 times
24 Wed Jul 2024	1612.00	1548.80	1620.15	1531.55	0.76 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 1477.7, for a target of 1538.2 or 1588.6

Share price targets for Varun Beverages (VBL)

Target Type	Value
Downside Target	1320.05
Downside Target	1349.70
Downside Target	1390.25
Downside Target	1455.00
Upside Target	1507.75
Upside Target	1539.00
Upside Target	1593.00
Upside Target	1644.70
Upside Target	1657.75
Upside Target	1672.00
Upside Target	1693.00
Upside Target	1702.80

Intraday share price targets for Varun Beverages (VBL)

Target Type	Value
Downside Intraday Target	1428.13
Downside Intraday Target	1394.32
Upside Intraday Target	1522.63
Upside Intraday Target	1583.32
Upside Intraday Target	1488.82

Weekly technical analysis of Varun Beverages (VBL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1461.95	1539.50	1549.50	1455.00	0.217 times
02 Fri Aug 2024	1572.35	1698.00	1702.80	1552.45	2.028 times
26 Fri Jul 2024	1676.65	1560.00	1693.00	1507.75	1.439 times
19 Fri Jul 2024	1559.70	1580.00	1644.70	1539.00	1.036 times
12 Fri Jul 2024	1584.50	1614.90	1657.75	1565.15	1.314 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
06 Tue Aug 2024	1461.95	1591.05	1593.00	1455.00	0.155 times
31 Wed Jul 2024	1577.40	1630.00	1702.80	1507.75	1.142 times
28 Fri Jun 2024	1629.50	1474.00	1672.00	1320.05	0.89 times
31 Fri May 2024	1426.80	1475.10	1559.00	1390.25	1.191 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 neutral. A longer time frame might give a better analysis.

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 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 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 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 1586.53 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.