Stock Radar: Varun Beverages showing signs of bottoming out after 7 months of consolidation; time to buy?
Varun Beverages stock is showing signs of bottoming out after 7 months of consolidation. Experts suggest medium-term traders with a high-risk profile can buy the stock for a target of Rs 760 in the next 2-4 months if it breaks from the July record high. The stock is trading above crucial moving averages, indicating a potential breakout.