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Safwan65
Sep 4, 2023 3:18 PM

$NSE:BRITANNIA,1D formed Bullish Hammer Long

BRITANNIA INDSNSE

Description

NSE:BRITANNIA Britannia Industries Limited is an Indian multinational FMCG company specialised in food industry, part of the Wadia Group headed by Nusli Wadia. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies and best known for its biscuit products.

NSE:BRITANNIA, 1D gave closing above Bullish Hammer. The body of today's candle is bigger than previous day body(which means buyer's are interested and volume slightly more than the previous day). It looks like double bottom is in formation.

Entry : 4507.2
Target : 4582/4660
SL : 4420
RR : 0.85/1.75

Trade closed: target reached

1st target achieved.
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