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Go long on Britannia
BRITANNIA INDUSTRIES LTD
Long
Go long on Britannia
By Nithya_Jayachandran
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Jan 26, 2021
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Jan 26, 2021
1) Break out of all-time high (August '18) around May'20 and retested around June 20.
2) New high of 4k was made around July 20.
3) A triangular upward breakout after November 20.
4) Currently it is consolidating between 3570 (lower) and 3680 (upper).
5) Breakout on the upward side gives a target of 4K ( Conservative SL 3500 )
Supply and Demand
Nithya_Jayachandran
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