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Mambotrade
Apr 17, 2022 10:19 AM

Britannia near crucial level, View for next week. 

BRITANNIA INDSNSE

Description

Britannia on a daily time frame, has formed a shooting star or inverted hammer kind of candle.

For last 3 trading days it has been consolidating near a crucial monthly resistance.

If the price of the stock closes below 3340 on daily basis it can fall further.

Support :- 3280, 3180
Resistance :- 3350, 3402

Wait for the levels to sustain above/below the levels.

Stock on a bigger time frame, has formed a "V" shape recovery.


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