Britannia is ready to breakout from cup and handle pattern
" Right now Britannia is at critical ₹5,836 resistance.
A breakout above this level can extend the rally toward ₹6,000–₹6,165.
Support at ₹5,680.
📊 Sector: FMCG (aligned with consumption strength)"
Britannia is retesting the ₹5,836 Fib resistance (0.382) after forming a cup-like base. Momentum indicators (RSI > 60, MACD improving) support potential breakout.
" Right now Britannia is at critical ₹5,836 resistance.
A breakout above this level can extend the rally toward ₹6,000–₹6,165.
Support at ₹5,680.
📊 Sector: FMCG (aligned with consumption strength)"
Britannia is retesting the ₹5,836 Fib resistance (0.382) after forming a cup-like base. Momentum indicators (RSI > 60, MACD improving) support potential breakout.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.