afzal_57

Britannia Intra Short (Confluence)

Short
afzal_57 Updated   
NSE:BRITANNIA   BRITANNIA INDS
With a bearish bias established in Britannia through my earlier post, I am seeing an interesting intraday opportunity to short today. In 15 min, there is a good upward rejection of EMA and Pivot and a subsequent engulfing red candle. RSI Hidden Bearish Divergence also supports. EMA crossover has already occurred far back and trend is on our side. Will look to short with SL of 3038.

Refer:
Trade closed: stop reached

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