Quick Analysis on

VBL

Varun Beverages Ltd (VBL) – Daily Technical Analysis Why the Stock Moved Today? On today’s session, Varun Beverages witnessed sharp volatility. The stock initially showed selling pressure but later bounced back from lower levels. This move could be attributed to: •Profit booking after recent upmoves. •Technical support zone buying near ₹480 levels. •Broader market sentiment adding to intraday volatility. Technical View (Daily Chart) •The stock corrected sharply but managed to hold above the 200-day EMA (around ₹490–495), which is a key support zone. •Parabolic SAR indicates selling pressure, still positioned above price candles. •MACD is showing weakness with a bearish crossover, indicating momentum on the downside. •RSI (46) is hovering near neutral zone, neither overbought nor oversold, suggesting consolidation.