I Hope this message finds you well. I wanted to provide you with an update on the stock BRITANNIA i Have been following. The stock has recently taken support at a key level at 4460-4480 , indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- BRITANNIA Support Level- 4480 Entry Point- 4560-70 Stop Loss Point- 4460 Target Point- 4700,4800 Time Frame - 30-45 Days
Hedge strategy
Buy BRITANNIA 4500 PE Near 47-50 and Buy BRITANNIA Future Near 4560-70, Sl 4490, Target 4630,4650,4700 Investment = 43000 Maximum Loss = 13000 Profit Upto = 24000
I closely monitoring the stock's movement and will continue to provide you with timely updates as the situation evolves. If you have any questions or would like more detailed insights, please don't hesitate to reach out.
I remain committed to helping you make informed decisions.
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.