Britania - Trend may continueStock now trending in HH HL flow
Previous strong resistance broken which may now turn into strong support
Area of 4925 - 4975 will work as a strong cushion
Any hourly close below that will negate the view
Upside now resistance till 5120
Risk reward appealing
Waiting for a proper entry candle
Britanniaindustries
BRITANNIA: Forming Symmetrical Triangle PatternBritannia Industries Ltd is forming a Symmetrical Triangle Pattern as it is about to give a breakout from 4600. Based on the pattern, one can enter around 4600 after the breakout and target can be set around 6250-6300 with Stoploss to be set around 4200. This gives us risk to reward ratio of 3.99. Pattern is forming on weekly chart with horizon of 2-3 year.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
BRITANNIA | FORMING BASE NEAR IT'S SUPPORT ZONEBritannia has good support zone at 4485 to 4400 and it is forming a base near this zone. We may see the marked targets with green chart if 4400 remains intact on the downside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Cup & Handle In BritanniaClean 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 rebound from 5 years range supportBritannia 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 GapsBritannia 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
Britannia analysisPaper trade baccho :-)
Negative divergence detected.
Entry only after 3830 was taken out & sustained.
PCH will be SL.
The patience game is on.
BRITANNIA INDS - BULLISH PATTERNBRITANNIA INDS seems Triangle pattern , keep concentrate for the breakout. if price open close above the trend line in 15min time frame get confirmation. Refer upcoming target.
Britannia trading near crucial level.Britannia on a weekly and daily time frame has closed between 20 and 200 ema.
A bullish hammer is formed on a weekly time frame and has closed above the resistance levels of 3355.
The market has consolidated near the levels.
Support :- 3350, 3280, 3180
Resistance :- 3400, 3445
If an hourly candle closes above the levels of 3370, a bullish trade can be initiated.
Wait for the price to sustain above the levels and watch for a proper price action.
Britannia near crucial level, View for next week.Britannia on a daily time frame, has formed a shooting star or inverted hammer kind of candle.
For last 3 trading days it has been consolidating near a crucial monthly resistance.
If the price of the stock closes below 3340 on daily basis it can fall further.
Support :- 3280, 3180
Resistance :- 3350, 3402
Wait for the levels to sustain above/below the levels.
Stock on a bigger time frame, has formed a "V" shape recovery.
Britannia Industries Ltd - 04.03.2022Britannia 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 INDS. BULLISHWow,Britannia Industries trading near its super demand zone.Can consider for swing trade with around 9% ROI and also for short term with around 16.95% ROI.As i always say whatever we do must follow risk reward and money management.Have a profitable trade.
BUY BRITANNIA ABOVE 3570Britannia 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
Long Britannia...High Probability SetupBritannia
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 Ltd - 10.12.2021Britannia 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
Buy Britannia above 3875Britannia looks good to buy if sustains above 3875 for the marked targets on the chart until 3810 is intact on the downside on a closing basis.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Britanniatrend of Britannia looks quite strong so buy on dips
buying range is around 4050
stop loss is below 4000
target can easily be 4200++
Beautiful breakout by Britannia Inds.A great move by Britannia inds.Britannia just gave a breakout from the triangle pattern with such great volumes.
Britannia IndsBritannia - Cmp 3439.50
Looks good for long at cmp with sl 3360 on closing basis for initial targets of 3510/3580/3685.
Reason:
1. Bullish divergence
2. Favorable risk reward
3. Good volume
BRITANNIA_BULLS can enterBRITANNIA seems to become bullish in near future. One can go long from here.
(for educational purpose only)
If Breaks 3632 level then go for buy. (31 MARCH)This Trade idea is for 31.03.2021
If Breaks 3632 level then go for buy.
If Breaks 3590 level then go for sell
Entry points marked in yellow
NOTE: For perfect entry watch it on 5 Min candle, If trade goes bullish we can see new 52 Week's High.
For Safe Trade:
Book Profits after 1st target hit or book 50% and trail SL and wait for 2nd target to hit Or Close the position.
