Britannia Industries Ltd - 04.03.2022 The stock is trading @ 3371 levels There is a SUPPORT Zone @ 3300 levels The prices are below EMA There is a HAMMER at SUPPORT in Weekly Charts Let the prices go above 3451 Stochastic is oversold in Monthly Charts Watch out for the price action
Britannia has made a strong bullish candle right at the support. Can initiate long position with days low as stop loss. As seen in the charts, previous resistance has been acting as a support.
BRITANNIA LONG Good Upmove expected 20% levels. At Long term support levels (Monthly levels - Red line)
BRITANIA IS ALL SET TO MOVE AHEAD LEVEL marked on chart discussion open mcpriceaction
Key highlights: 1. Bounced off daily demand zone in December 2. Change in market structure 3. Overhead resistance from 200MA cluster 4. Inside bar pattern formation 5. Currently sitting at 0.618 Fibonacci level of the last swing Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. ...
Brittania after a long consolidation is looking to break its all time high, In any case keep the sl below the trend line.
Britannia is looking good to Buy above 3570 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Britannia Cmp - 3638 Stop - 3300 Expectation - T1 - 3800 T2 - 4100, Review at 4100 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment Disclaimer:- Not a SEBI registered advisor Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
Britannia Industries Limited is a food company, which is engaged in the manufacture of biscuits, cakes and rusks. The Company operates through the Foods segment, which comprises bakery and dairy products. Swing Trade Information Safe SL - 3% Aggressive SL - 1.5% Target 1 - 6% Target 2 - 10% Target 3 - 15% NSE:BRITANNIA
SL 3300,TARGET 4000+, SUPPORT buying. views are for 2-3 months.
Britannia Industries Ltd - 10.12.2021 The stock is trading @ 3632 levels There is a HAMMER in weekly chart There is a SPINNING TOP in daily chart The prices are above ema Stochastic overbought in daily chart Watch out for the price action
BRITANNIA important levels for long term investment
1. Price sustaining support 5 times. 2. Formed good BULLISH REVERSAL candle at support line. 3. Also, FMCG Index corrected at reversing at support. Entry : 3620-3640 SL : 3300 - closing basis Target: 4100
Britannia for swing Reason >> 1. Trendline support 2. NIFTY FMCG Reversal from 200EMA 3. At Demand zone Play with sl of 3280 for targets of 3700/3830/4130++ Trade on your risk, consult your financial advisor before taking trade! Happy Trading
Britanniya Break-out and re-test. Fundamentally Strong company Technical : channel pattern
taking support at 200 MA go long above 3730 hourly closing sl 3600 target ath Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Britannia is coming close to its long-time support trendline. If a reversal is shown any day, it may go in an uptrend. One may wait to enter at a lower price around 3450-3400 if falls further. Early targets are indicated on the chart. Only for learning and sharing purposes . Not a trading recommendation. Please comment on what do you think about the setup. All...
weekly close below 3540 will take bearish entry next week disclaimer - trade @ own risk