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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)

10 day averaged volume of Varun Beverages is 2639772

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1396.10	1369.75	1402.95	1363.00	0.593 times
18 Thu Apr 2024	1397.95	1422.80	1422.80	1390.15	0.875 times
16 Tue Apr 2024	1403.95	1402.00	1419.90	1375.60	1.467 times
15 Mon Apr 2024	1381.10	1360.05	1403.65	1349.70	1.081 times
12 Fri Apr 2024	1385.85	1425.00	1429.85	1380.00	1.175 times
10 Wed Apr 2024	1423.55	1443.90	1446.90	1420.00	0.456 times
09 Tue Apr 2024	1434.80	1450.00	1451.25	1421.00	0.674 times
08 Mon Apr 2024	1450.10	1501.80	1501.80	1440.00	1.106 times
05 Fri Apr 2024	1493.75	1519.00	1535.00	1486.40	0.516 times
04 Thu Apr 2024	1514.55	1496.00	1544.95	1482.05	1.26 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1380.9 as stoploss in an intra day buy trade for a target of 1417.51. However, stock will show a bearish move below 1380.9.

Share price targets for Varun Beverages (VBL)

Target Type	Value
Downside Target	1055.50
Downside Target	1196.40
Downside Target	1260.00
Downside Target	1309.95
Downside Target	1349.70
Upside Target	1422.80
Upside Target	1447.85
Upside Target	1495.00
Upside Target	1501.80
Upside Target	1544.95
Upside Target	1561.95

Intraday share price targets for Varun Beverages (VBL)

Target Type	Value
Downside Intraday Target	1356.27
Downside Intraday Target	1316.43
Upside Intraday Target	1429.37
Upside Intraday Target	1462.63
Downside Intraday Target	1389.53

Weekly technical analysis of Varun Beverages (VBL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1396.10	1360.05	1422.80	1349.70	1.178 times
12 Fri Apr 2024	1385.85	1501.80	1501.80	1380.00	0.815 times
05 Fri Apr 2024	1493.75	1408.00	1544.95	1386.50	1.797 times
28 Thu Mar 2024	1398.60	1409.80	1410.00	1370.00	0.888 times
22 Fri Mar 2024	1402.40	1438.00	1447.85	1382.05	0.598 times

Price has moved up 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
19 Fri Apr 2024	1396.10	1408.00	1544.95	1349.70	0.814 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
31 Wed Jan 2024	1280.40	1241.80	1309.95	1196.40	0.825 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 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 1426.83 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.