Varun Beverages Limited - Looks promising for far!
VBL - Formation of FVGs suggest a potential Flag pattern however it appears to be on the verge of formation and yet to be confirmed!
Key levels to watch:
Around 650 range close to the trendline.
Around 680 levels
Pattern confirmation:
Open and Close above 680 range in daily time frame with good volume.
Potential rally:
Monitor stock movement around the upcoming quarterly earning results. If it breaks the mentioned levels, further flag may pattern may continue the rally around 850+.
Currently at probable early spot!
#Budget 2025
#FMCG
#Aboard
Key levels to watch:
Around 650 range close to the trendline.
Around 680 levels
Pattern confirmation:
Open and Close above 680 range in daily time frame with good volume.
Potential rally:
Monitor stock movement around the upcoming quarterly earning results. If it breaks the mentioned levels, further flag may pattern may continue the rally around 850+.
Currently at probable early spot!
#Budget 2025
#FMCG
#Aboard
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