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++
Britannia's stock price has fallen after it reached the potential reversal zone or supply formed by the XABCD bearish shark pattern. The price took the correction until point C of the pattern which is an ideal ultimate target for the shorts who followed this pattern. Recently after the correction, it rose and broke out it volumes above the PRZ. Considering RSI...
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.
stock is currently at previous breakout zone , taking support on weekly candle, good risk:reward for a short term swing trade
Date : 25-07-2021 Stock 👉🏻 Britannia CMP 👉🏻 3439 Expected Reversal Zone👉🏻3425-3399
Buy Britannia Between - 3605-3695 Strict SL - 3499 (DCB) Target - 4000/4300
Buy Britannia At Cmp 3363 Strict SL - 3270 (WCB) Target - 5600
NSE:BRITANNIA long only if find reversal. as per this pattern stop loss is quite big. so long only if you know reversal.
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
As shown on Chart, share price consolidating at support and also oversold as per %R. Rebound can be expected towards 4000 levels.
Buy Some At Cmp 3691 Add Some Above 3800 Strict SL - 3370 (DCB) Target - 4200/4500
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...