FMCG Sector is showing bullishness after very healthy retracement.
Brittania is a good stock which has taken good support from very important level (marked red zone).
Also formed double bottom on weekly TF, signs of reversal.
And forming trendline on daily TF (green).
Entry Criteria:
Trendline breakout with good volume
above 3800 (double bottom entry)
or near strong support 3350-3420
below 3300 stock will become weak.
DISCLAIMER: For education purpose only, do your own analysis or consult your financial advisor before taking a position.
Brittania is a good stock which has taken good support from very important level (marked red zone).
Also formed double bottom on weekly TF, signs of reversal.
And forming trendline on daily TF (green).
Entry Criteria:
Trendline breakout with good volume
above 3800 (double bottom entry)
or near strong support 3350-3420
below 3300 stock will become weak.
DISCLAIMER: For education purpose only, do your own analysis or consult your financial advisor before taking a position.