AnbHfund

Britannia : FMCG Party Over ?

Short
NSE:BRITANNIA   BRITANNIA INDS
Britannia has given nearly 100% return from March lows and currently is trading in weekly resistance zone of 3400 - 3800 levels.
Friday closing isn't looking good, any close below 3400 lvls would mean the rally is over at least for Britannia .

MACD is also not really looking good as well, it is consolidating sideways while the price has been rising.
Watchout FMCG sector -- the party seems to be over !!