320-x-100_uti_gold.jpg" alt="Advertisement">
LKP Spade : Buy Varun Beverages Ltd For Target Rs. 1457 - LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
VARUN BEVERAGES LTD (NSE SYMBOL: VBL | BSE CODE: 540180)
* The stock is on the verge of a breakout from a falling trend line and has been forming higher high higher low formations on the smaller time frame.
* The momentum indicator RSI has crossed the level of 60 which confirmsthe strength of the stock.
* The stock is trading above the short-term moving average of 21 days which is placed at 1245 acting as s strong support.
Buy Varun Beverages Ltd CMP Rs. 1325; Stop Loss Below Rs. 1258 CB; Target Rs. 1392/1457; Duration 1 Week
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at www.lkpsec.com/#foo
SEBI Registration number is INM000002483
Above views are of the author and not of the website kindly read disclaimer
