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
Stock Name - Britannia Industries Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 4304 #This is not Buy and Sell recommendation to any one. This is for...
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
NSE:BRITANNIA Formed NR4 and inside candles near resistance zone. Clear Breakout and sustain above 3800 is important Already give clear BO of trendline and sustained near resistance zone with LHLH structure Above 3862 can have T1 3950, T2 4000 T3 4150 with Stop loss of 3690
Paper trade baccho :-) Negative divergence detected. Entry only after 3830 was taken out & sustained. PCH will be SL. The patience game is on.
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...
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...
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 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
Why and when to enter is mentioned in the chart itself. Consult your financial advisor. This is just for educational purpose.
Reasons to BUY now 1.WEEKLY TIME FRAME ANALYSIS: .Breakout from FLAG and POLE pattern / Parallel Channel Pattern with good volumes and is now retesting it with low volumes .RSI is 48 which indicates long term strength .EMA 52 rejection .0.618 Fib ratio rejection 2.DAILY TIME FRAME: .EMA 200 Support .BULLISH engulfing candle pattern after a false breakout of...
BRITANNIA 1D Time Frame Analysis - Strong Support near 3300-3400 and psychological support of 3000 - Moving in the symmetrical triangle since March - And a possible Double Bottom near support - Most probable chances are it will bounce from here and rally towards 3600 - More Direction will be clear after touching the upper line of the triangle - Psychological...
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++
I have spotted a very clear double bottom pattern on the chart of NSE:BRITANNIA The neckline has been broken with force and with volumes. The 20 period moving average confirms the trend we are pursuing. Taking a trade at this point might be risky as the risk to reward is not favourable but keep this setup in mind for the next few days.
Check for the breakout on either side. Can be a good opportunity.
Hello Everyone, Please have look on the Daily Chart of Britannia & confirm whether it can hit 3700 or not? In coming days. What are the things you are able to see on the charts. Only for Educational Purpose
Britannia Analysis on Daily Timeframe.