BRITANNIA
Britannia industriesAs you guys can see that Britannia stock is clearly forming pole and flag pattern in the 1-week chart you can buy this stock from Monday at 3300 level if stock showing +ve sign for a small target of 3400-3450rs for short term (maybe 3-4 trading session) but from a long term, perspective wait for the breakout. you can get an easy target of 3800 and 4000rs.
This post is just for educational purposes. plz, ask your financial adviser before investing.
Thank you
BRITANNIA (The Most Crucial Support Zones)The Grey area is the BRITANNIA's most crucial and heaviest Support zones if that level breaked then the stock perfectly went into down trend and cant be sustained
or
Other Case,
as i am showing an arrow of upward indication as per my analysis its 99% possible that stock can turned into reverse mode, We just needed two things to create position for a perfect swing
1. the stock must showed a heavy buying
2. the stock must 1st higher high
thanks for any more QUERY
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close dependent sale previous sale given on Feb 11 @ 3436 for target 3385👀
exit suggestion given today @ 3392🎯
below is the fresh view 👇🪕👇
sale if close below 3395-80 zone
which is 6 months low
Observation :-
*** broke 3 months low 3403
***desendline triangle neckline touch
***TF 15,h,4h,D RSI below 35 - support bearish momentum ( view holds till D closes below 45)
***six month low 3382
dsiclaimer - trade @ own risk
previous view below for reference
Chance in BritanniaThe chart indicates a possible support here. A stop-loss around 3380 should be placed and a target of 3600 and 3660 can be seen in the near term as far as stop-loss is saved.
This is for educational and knowledge sharing purpose.
NOT A TRADING ADVICE.
Please comment with your views.
#BRITANNIA may fall a bit#Britannia looks a little weak below 3449 and may fall to 3436 / 3419 levels
Trading Idea generated by the software
#Futures #StocksToBuy #Nifty50 #NIFTYBANK
#Intraday #stockstowatch #TradingView #frontpage_app
Other stocks we discussed discussed in the video are: #Britannia #Asianpaint & #McDowell_N
Those will come out in separate ideas..
breakout in Britannia*disclaimer trade at your own risk, for educational purpose only**
1. Weekly outlook
2. RSI weekly @40 support zone
3. Price action on asymmetrical trend/ triangle breakout
4. Price structure support 3390 range if this breaks 3290 is strong support (hope this will not even test again)
5. Target T1- 3680, T2 - 3760, T3- 3900/ATH
6. 3400-3450 range good for entry with an SL of 3270 - 3300 range as SL
Could take a couple of weeks, have some patience!
Thank you!