Gowri_vis

Britannia out of consolidation mode

Short
Gowri_vis Updated   
NSE:BRITANNIA   BRITANNIA INDS
Britannia has been consolidating for the past three months and has now broken on the downside.
Results today. Better to wait for an hour to get its reaction and then enter trade.
Stop loss - 4650
target - 4100

Disclaimer: I may or may not enter depending on market and stock circumtances.
Comment:
I did not enter trade as it opened in the consolidation rectangle again.
closing
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