Britannia is trading near resistance

Britannia Industries is seen resisting 2730 & thus demands a cautious approach for those who are long on the counter. Though a close above 2730 will open way for targets of 2860, 3000 & 3100. But a failure to do so will result in downside targets of 2500, 2300 & 2200 in short term. Thus, high risk traders can even sell with a strict stop loss above 2775 on closing basis.


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