StockShaala

Britannia: Triangle pattern breakout!

Short
NSE:BRITANNIA   BRITANNIA INDS
Britannia industries has finally broken out its months of triangle consolidation.
It appears to have broken this out on the SHORT SIDE.

After a confirmation of the breakout, its going to be a nice and SHORT ride :)
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Comments

Its the beginning of the month, We can say a breakout at the end of the month. I think its going to test the trendine i.e. 2870 level
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ShreeGanesh_1991 ShreeGanesh_1991
@ShreeGanesh_1991, My bad, I thought its a monthly chart. :) Yes its a weekly breakout.
Reply
StockShaala ShreeGanesh_1991
@ShreeGanesh_1991, Indeed its a weekly chart and Its broken out well on the weekly! Thanks for speaking your mind out with us :)
Reply
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