Clean Cup & Handle Breakout In Britannia Something Is Happening In Consumption Stocks Buy At Cmp 4705 & More On Drop Of 1-2% SL - 4480 ( Day Closing Basis ) Target - 5185
Britannia Industries bounced from important support levels, which had acted as Support and Resistance for the past 5 years. Stock can be bought above 3380 for target around 3650 and 3750, SL should be 3200. Happy Trading Yuvaa Trades
Britannia Industries Limited is an Indian company specialised in food industry, part of the Wadia Group headed by Nusli Wadia. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies and best known for its biscuit products
Paper trade baccho :-) Negative divergence detected. Entry only after 3830 was taken out & sustained. PCH will be SL. The patience game is on.
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 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
trend of Britannia looks quite strong so buy on dips buying range is around 4050 stop loss is below 4000 target can easily be 4200++
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...
Price is at support of triangle and the horizontal support is very good in weekly chart also. Positional trade is suitable.
The 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
Buy Some At Cmp 3691 Add Some Above 3800 Strict SL - 3370 (DCB) Target - 4200/4500
Note: 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.