LKP Spade, Weekly Pick - Buy Varun Beverages Ltd For Target Rs.750 - LKP Securities
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Varun Beverages Ltd
* The stock after a steep correction is witnessing fresh momentum around the previous demand zone 1070-1050 levels.
* The stock has surpassed its 200DMA in today's trading session with decisive volumes indicating the resumption of an uptrend.
* The momentum oscillators are showing signs of reversal on the lower time frame which confirms the up move.
Varun Beverages Ltd Buy @ Rs. Rs. 790/830 Stop Loss Below Rs. 710 CB Target Rs. 790/830 Duration 1 Week
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