PrachiMetha

Potential Stock Entry Opportunity In $NSE:BRITANNIA

Long
NSE:BRITANNIA   BRITANNIA INDS
Dear Followers,

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.

Best regards,
Ajay Metha

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