Breakout and last kiss in Britannia on daily time frameBreakout and last kiss in Britannia on daily time frame and it just crossed 50 days moving average
It can move further till next resistance
BRITANNIA
FMCG index structure of fmcg gap , support , resistance , parallel channel all been shown in the chart
BRITANNIA
ITC
HUL
COLPAL
DABUR
CHECK ALL OUT
BRITANNIA (Britannia Industries Ltd) SELL BELOW 2620BRITANNIA (Britannia Industries Ltd) SELL BELOW 2620
Britannia is trading near resistanceBritannia 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.
Britannia : Potential reversal from Strong uptrendBritannia has been in a nice and long uptrend over the last 5 years.
After consolidation, this stock now appears to have reached the strong support zone of this multi-year uptrend and has closed with a nice and long Hammer Doji.
At this point, it does feel like the support zone is strong and the stock will reverse back to its uptrend.
Its certainly worth confirming uptrend and then join this nice and LONG ride!
Britannia UPDATED CHART (Deep Crab)Ignore the previous post, this is the latest. Do your own analysis before taking a trade
SELL BRITANNIA @2500 . TARGET 2200.SELL BRITANNIA @2500 . TARGET 2200. BUY CALL OPTION FOR HEDGING....
NESTLE positional trade setup (beyond technicals0positional setup in nestle and as i written BEYOND technical analysis that truly means its not only about technical analysis and has certain fundamental things logically taken into consideration !
educational purpose only
BRITANNIA at strong supportAs it is in downtrend and gave the powerfull downside after facing resistance on weekly, we may see more downside on daily as per chart.
Trade on given level
BRITANNIA | Double Top spottedDouble Top pattern spotted in Britannia. Pattern is confirmed by failure of 2860 levels. The stock can be expected to fall nearly 5% towards 2720.
Britannia Industries Ltd | Trade NiveshBRITANNIA Up Trend this is best stock for buy you can buy with 2945.55 Target
Positional setup 4 HUL positional sell setup for hul with sl around 1720/25 zone with targets around 1550/1500/1395/1284
SAFE SHORT TERM BUY || BRITANNIA One might want to buy Britannia on dips with SL of 2615 and targets of 2740/2775/2810 in the short term. Looks to be a safe bet on the long side.
