VARUN BEVERAGES LTD
Long

VBL - opportunity for quick 4% gains

253
VBL
CMP=477.65

there is an opportunity for getting quick 4% gains in this stock.
on hourly timeframe there is trendline breakout plus positive diversion on the RSI
I will be looking for entry above 481 with target of 500
SL will be 461.

The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article.
It is expected of each person to carry out own research and evaluation to ascertain whether my perspective is matchingwith your studies.

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