Britannia - Low Risk SetupCMP 4834 on 05.01.25
The charts mention all important levels. This time, the stock has bounced back from a long-term support channel and formed a double-bottom pattern.
If the momentum continues it may go to 5240/5580 or more.
If it sustains below 4650, the setup goes weak.
one should keep the position size following risk management.
All this illustration is only for learning and sharing purposes, it is not trading advice.
All the best.
BRITANNIA
Britannia - At strong supportStock currently in downtrend
Slowly approaching towards support levels
Area of 4600-4700 happens to be the best weekly & daily support
Stock may pause, go sideways at these levels and bounce back
View negates with any close below 4570
Excellent risk reward ratio as downside is limited but upside is unlimited
Britannia |Bull Rally Pending . ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout required
✅Breakout confirmation required
✅Rise in Volume
✅Good 3 touches Trendline with volume
✅Clear uptrend with HH & HLs sequence in smaller Time frame
✅ Order block as potential Supports
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Britania - Trend may continueStock now trending in HH HL flow
Previous strong resistance broken which may now turn into strong support
Area of 4925 - 4975 will work as a strong cushion
Any hourly close below that will negate the view
Upside now resistance till 5120
Risk reward appealing
Waiting for a proper entry candle
Perfect Trading Setup- BRITANNIA INDSUTRIES LTD Britannia has break the resistance on daily Timeframe and retested previous resistance that has become a good support on 15 minutes timeframe So my overview is very bullish in this FMCG stock.
It's a perfect Price action for a Swing Trading which can be hold for next few days.
Options selling will be my favourite because 26 September is a expiry and premium will decay fast.
I Always trade with a hedge to minimize losses and also use Stoploss.
This is just my overview after analysing and I am not recommending to trade. This is just for teaching and Observing purpose
Britannia analysisBritannia, 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.
BRITANNIA -Bullish Pennant Breakout -DailyBRITANNIA -Bullish Pennant Breakout: Daily
Name - BRITANNIA
Pattern - Bullish Pennant
Timeframe - Daily
Status - Breakout
Volume - Good
Cmp - 5922
Target - 6400
SL - 5865
Pattern : Bullish pennant
A bullish pennant pattern is a pattern in technical analysis that signals a bullish trend continuation after a brief market price consolidation during an already established price uptrend. A bullish pennant is a bullish continuation pattern and not a reversal pattern. A bullish pennant's alternative name is a "rising pennant pattern".
Here are some key fundamental ratios and metrics for Britannia Industries Ltd.:
Key Financial Ratios:
Price to Earnings (P/E) Ratio: 63.48
Price to Book (P/B) Ratio: 40.39
Return on Equity (ROE): 76.04% (FY 2023)
Return on Capital Employed (ROCE): 55.50% (FY 2023)
Debt to Equity Ratio: 0.56
Net Profit Margin: 11.5%
Operating Profit Margin: 15.3%
Earnings Per Share (EPS): ₹83.45
Financial Highlights:
Market Capitalization: ₹1,00,000 crore
Revenue Growth (YoY): 13.2%
Dividend Yield: 1.5%
These metrics provide a snapshot of Britannia Industries Ltd.'s financial health and performance.
Britannia | FMCG | Buy opportunity for 400 points moveHello friends,
In sector #FMCG sector will going to rock soon.
as #Britannia stocks has just breakout with superb move of 400 points in single day. Now it consolidate and soon it looks to break again and may give same move of 300-400 points.
Keep this stock in your tracking list and do your own analysis for this stock and participate on your risk management framework.
Give your like | Comments if you like my post.
Thank you.
Nifty FMCGList of stocks in Nifty FMCG
Britannia Industries Ltd
Colgate Palmolive Ltd
Dabur India Ltd
Emami Ltd
Godrej Consumer Products Ltd
Hindustan Unilever Ltd
Itc Ltd
Jubilant Foodworks Ltd
Marico Ltd
Nestle India Ltd
Procter Gamble Health Ltd
Tata Consumer Products Ltd
United Breweries Ltd
United Spirits Ltd
Varun Beverages Ltd
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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BRITANNIA | Investment Pick📊 Details
Britannia Industries is one of Indias leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr. Britannia is among the most trusted food brands, and manufactures Indias favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India. Britannias product portfolio includes Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
BRITANNIA: Forming Symmetrical Triangle PatternBritannia Industries Ltd is forming a Symmetrical Triangle Pattern as it is about to give a breakout from 4600. Based on the pattern, one can enter around 4600 after the breakout and target can be set around 6250-6300 with Stoploss to be set around 4200. This gives us risk to reward ratio of 3.99. Pattern is forming on weekly chart with horizon of 2-3 year.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Positional_ BritanniaHave Britannia added in your watchlist. It may provide (1:4 risk-reward) positional trade in the upcoming days.
Entry price, SL and target will be decided afterwards.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
Bullish Momentum in Britannia Industries - Identifying a potential bullish momentum in Britannia Industries with key indicators signaling positive trends:
1) Sideways Breakout:
Over the last 3 months, Britannia has broken out of a sideways trend, indicating a potential shift in momentum.
2) RSI Caution:
While the Relative Strength Index (RSI) is around 65, suggesting strength, caution is advised as it approaches overbought territory.
Smart Money Breakout:
The Smart Money Breakout indicator has demonstrated a winning probability of approximately 61.6% (45 out of 73 instances), supporting the current positive momentum.
3) Fibonacci Breakout:
The Fibonacci retracement at 0.3 ratio has been successfully broken, adding confirmation to the bullish outlook.
As always, consider market conditions and stay vigilant while buying, especially with RSI nearing 70.
Britannia out of consolidation modeBritannia has been consolidating for the past three months and has now broken on the downside.
Results today. Better to wait for an hour to get its reaction and then enter trade.
Stop loss - 4650
target - 4100
Disclaimer: I may or may not enter depending on market and stock circumtances.