#Britannia is about to complete 78.6% retracement
of its recent bull run which coincides near its 200 DEMA
. One can expect a possible bounce from 2950-2960 zone. I would like to go long near the aforesaid levels with protection. Would add more near 2835/2619 levels. However stock is looking structurally weak. Risk averse traders may wait for a pullback or breakout for entry. As an investor would like to buy good company stocks at lower valuations in SIP mode.