VBL NEWS why is Varun Beverages Limited price falling or rising

VBL NEWS reasons for why stock price of Varun Beverages Limited is falling or rising

VBL Varun Beverages is falling or rising technical reasons

Technical analysis forecast for Varun Beverages Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Varun Beverages VBL at this time. Stock is falling and might fall more.

It appears as if Varun Beverages VBL gave a large move recently.

Stock of Varun Beverages (VBL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Varun Beverages is bearish for shortterm, and stock might move down till 1384.7 or till 1341.2. Use a stoploss of 1420.91 and if the stock hits stoploss, then it can shoot up till 1457.16

VBL Varun Beverages is falling or rising NEWS fundamental reasons

Stocks in news: TCS, Anand Rathi, Aster DM, Bharti Hexacom, Varun Beverages IT bellwether TCS reported better than expected numbers for the fourth quarter ended March as its profit rose 9% year-on-year to Rs 12,434 crore. Revenue from operations, meanwhile, jumped 3.5% year-on-year. - NEWS as on 2024-04-15 indiatimes.com

Varun Beverages starts production of soft drinks at Gorakhpur facility Varun Beverages, leading bottler of beverage major PepsiCo, on Saturday said it has started commercial production of soft drinks and energy drinks from its production facility at Gorakhpur, Uttar Pradesh. The Jaipuria family-promoted firm will also start j - NEWS as on 2024-04-13 business-standard.com

Varun Beverages shares down 1.72% as Nifty falls The stock quoted a 52-week high price of Rs 1560.3 and low of Rs 687.5. - NEWS as on 2024-04-12 indiatimes.com

Company Announcement - NEWS as on 2024-04-12

Varun Beverages to invest in two renewable energy companies The beverage maker on Wednesday announced that it will invest upto 14% each in Huoban Energy 11 and Aspirative Creative Ventures for a cash consideration of Rs 2.90 crore and Rs 2.24 crore, respectively. - NEWS as on 2024-04-11 business-standard.com

Varun Beverages to invest in two renewable energy entities For captive consumption of power - NEWS as on 2024-04-10 business-standard.com

More announcements and NEWS

VBL Varun Beverages Limited current price & indicator signals

Moving Averages for Varun Beverages Limited

  • 5Day Average: 1405.85
  • 12Day Average: 1430.73
  • 20Day Average: 1421.34
  • 50Day Average: 1417.26
  • 100Day Average: 1302.96
  • 150Day Average: 1182.84
  • 200Day Average: 1098.13

VBL Indicators & signals

Indicator MACD (12,26,9)

1419.84, 1418.51, 7.78
Indicator MACD is in positive zone

Indicator ADX (14)

9.34, 22.53, 27.17
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VBL Varun Beverages Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Tue Apr 2024 1403.95 1375.60 to 1419.90 1.65% 1.69 times
15 Mon Apr 2024 1381.10 1349.70 to 1403.65 -0.34% 1.25 times
12 Fri Apr 2024 1385.85 1380.00 to 1429.85 -2.65% 1.35 times
10 Wed Apr 2024 1423.55 1420.00 to 1446.90 -0.78% 0.53 times
09 Tue Apr 2024 1434.80 1421.00 to 1451.25 -1.06% 0.78 times
08 Mon Apr 2024 1450.10 1440.00 to 1501.80 -2.92% 1.27 times
05 Fri Apr 2024 1493.75 1486.40 to 1535.00 -1.37% 0.6 times
04 Thu Apr 2024 1514.55 1482.05 to 1544.95 2.62% 1.45 times
03 Wed Apr 2024 1475.90 1386.50 to 1488.00 4.71% 1.6 times
02 Tue Apr 2024 1409.45 1398.60 to 1423.95 0.88% 0.46 times
01 Mon Apr 2024 1397.20 1392.40 to 1435.60 -0.1% 0.71 times
28 Thu Mar 2024 1398.60 1370.00 to 1405.00 1.05% 0.88 times

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