BRITANNIA
Britannia, touched 3,500/- & reversed!Britannia reversed after touching the psychological price level of Rs. 3500/- Gave Rs. 33/- before reversing from days low.
Indicator used TE REKAB, it captures reversals in the market.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls do leave a like. My funda is to keep trading simple & stick to your conviction once you are on the right side of a trade, esp. intra-day trade !!
Britaninia : Trade SetupNSE:BRITANNIA
Hi Traders,
BRITANNIA has broken upward price channel as well as descending triangle pattern and taking support on previous high of upward price channel. If this support is broken by it then it will start downward movement.
Stock Analysis
* Stock has broken upward price channel.
* Stock has broken descending triangle pattern.
* Taking support on previous high.
Sell Level
Below 3684 (based on price action)
Target Level
TP1= 3520
TP2= 3419
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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