BRITANNIA INDUSTRIES LTD
Short
Updated

Britannia analysis

343
Britannia, after an untiring rally since the beginning of this month, now comes to a halt for another correction.

Entry-1 is on a retest of 5873-75 range as resistance with Stop above this range.

The second entry is below 5801-5800 range, if the price fails to retrace and continues to fall.

Bearish invalidation above resistance range till 5975 as t1 upside level.
Note
T2 is a tricky support. Careful at these levels
Trade closed: target reached
T2 achieved

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.