I have been watching over Varun Beverages graph since it fell drastically at the price of 822 INR. I have been observing upward rally of VBL since then and right now it has reached 930 INR and is expected to give more returns within next month. Today the graph of VBL crossed 20 MA and right now is in safe zone to buy as well as one can go for swing trade of 12-15 days for 7.5% return. It has already formed a double bottom and is ready for a breakout soon. The fib projections helped me to project the further prices of the share if the rally continues. You can go for long swing trade too, that is for nearly 3-4 months, and that would give more returns of nearly 21% of the share CMP.
