Beginner's analysis.Hey Traders, Here is another analysis and of Britannia.
Please support and guide me, if there's any mistake made by me!
Levels mentioned on chart.
Can long and short only after closing below or above of the supply zone.
Britanniaanalysis
BRITANNIA BUY ABOVE 3420BRITANIA BUY ABOVE 3420 SL 3396
TARGET: 3442, 3467, 3486
If sustain above 3485 then 3500, 3515, 3535 possible
Posting for Educational purpose only
If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
Britannia on Good support of Jun 2020 range. Initiate Buy Initiate Buy in Britannia. See the chart for levels. Good time to enter for long term in this.
Views shared are personal and for educational purposes.
📊#Britannia long #niftyfmcg #nifty #banknifty #niftybank 🎯NSE:BRITANNIA
long only if find reversal. as per this pattern stop loss is quite big. so long only if you know reversal.
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
DM me
Britannia bullish 1DPrice is at support of triangle and the horizontal support is very good in weekly chart also. Positional trade is suitable.
Buy Britannia near 3570The stock looks good to buy near 3570 for the targets of 3625 and 3650 until 3535 is intact on the downside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BRITANNIA - Broadening wedge pattern formation at weekly TFBRITANNIA - Broadening wedge pattern formation at weekly TF
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Britannia - BUY for Target of around 4000As shown on Chart, share price consolidating at support and also oversold as per %R. Rebound can be expected towards 4000 levels.
BRITANNIA "FLAG BREAKOUT"Buy Some At Cmp 3691
Add Some Above 3800
Strict SL - 3370 (DCB)
Target - 4200/4500
BRITANNIAIt has given a breakout in daily time frame suggesting further uptrend till 4400 with resistance on its path at 3830. View negates on hourly close below 3700
My setup for Britannia, uptrend this is Free VIP Signal,
for more kindly DM me
Now, why i am saying that britannia is in heavily bullish trend because if you look at the previous closes then you will notice that a strong breakout and heavy green candle
i also modified my STOPLOSS and a particular point and my whole team
i generally like to trade this type of very good fundamental as well as perfect technical setup
i use to take both side trades in this type of stocks
i already shared my few of the journey stocks you can check
thank you
god bless you
May you guys have a very profitable week
Britannia - Bullish BreakoutNote: This is for educational purpose only.
There seems to be a bullish breakout on rising channel with good volume. RSI above 65 indicates bullish momentum.
Britannia_Long CallDate: 28 Nov 2020
Britannia (CMP: 3,637.95)
Ascending Triangle Pattern. Strong buy volume + stock price going above 50 Day EMA + RSI moving above 50 levels is very good bullish signal.
Target - 3,815
SL - 3,550
Britannia go Long - Double BottomEverything is mentioned in chart
If any query comment here or
Tgram me
@traderatbest
Britannia Gap tradeThe stock has entered in its gap and might fill it in upcoming session.
These are my independent views and follow your own analysis before taking the trade.
Follow me for more.
BRITANNIA ANALYSISThe stock has moved to all time highs. I think there will be a lot of resistance at the high point and it will retrace towards the long term resistance marked on the chart.
It is in a strong bull run and will provide a good buying opportunity in the coming few days.
Buy @ 3650
SL @ 3400
Trailing stop loss strategy.
BRITANNIA - Bearish viewNote: This is for educational purpose only.
As per the comments on chart, there seems to be a bearish bias in BRITANNIA. Morever, there is a bearish cloud cover pattern with huge volume. Hence, conviction is more on bearish side.
