Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in VARUN BEVERAGES.
“VARUN BEVERAGES is strong on daily Charts & bullish cross over in MACD and good numbers at CCI shows bullish movement a head therefore I would suggest to buy above 650; this can see upside to levels closer to Rs 690 – 700 zones, keep stop loss below Rs 580”
Stock has been gaining for the last 2 days and has risen 8.38% in the period & Outperformed Sector by 3.78%.
VARUN BEVERAGES was closed 7.15 percent up today at Rs 633.10 at NSE
Last call update: Buy ZENTEC above 140 (14 Dec 2017)
TGT: 150 (TGT achieved on 26 Dec 2017)