Britannia : 8.6% upside

Updated
price moving in a channel. Should reach previous high of 3844 within a month.

bluechip stock available below 200 day Moving Average. excellent opportunity to enter.

CMP: 3534
Target: 3844
SL: 3357

Risk : reward --> 4.86% / 8.6% ---> 1 : 1.7
Trade active
Instead of booking stop loss, i plan to average if stock hits 3400.
Moving AveragesSupport and Resistance

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