BRITANNIAStock Name : #BRITANNIA
LTP : 5693
Selling Opportunity we may get at 5600 Level
In Chart Price is taking support at 5600
Level If it breaks we can see further Downside
move till 5500 to 5450 Range
Sell When RSI comes below 30
Britanniashort
Britannia & FMCG Index In TroubleBritannia Trading Below Crucial Trend Line
Cmp - 4524
SL - 4650 ( Weekly Closing Basis )
Next Support Only At 3804/3945 Big Gap Pending.
Will This Gap Be Filled ??
Bullish Harmonics In BritanniaBullish Bat PRZ - 4643/4656
SL - 4563
Target - 4854/4900
If 4563 Breaches
Bullish Deep Crab PRZ - 4125/4095
SL - 4060
Target - 4534/4661
If 4060 Breaches Vertical Downside.
View Is Bearish, Try To Buy As Near Possible The Stop-Loss.
Britannia turned weakBritannia Cmp - 4534.5
Sell on any rise b/w 4560-4580
SL - 4624 ( Day Closing Basis )
Target - 4450/4470
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.
Bearish Butterfly - Potential Short TradeThis is the first time I am trying Harmonic Patterns, and since we are betting against a very bullish market, I have by doubts.
However, the price fell from a well tested Resistance Trend Line, and the RSI is also slowly falling down from the Overbought region. I have kept a close stop loss just above the recent high. Fingers Crossed.
BRITANNIA triangle converging.BRITANNIA has been narrowing its movement range between two converging lines and the formation is resembling a triangle pattern. Right now it seems to be facing rejection from the upper line of the pattern. One could go short with the following levels in mind:
SHORT BELOW: 3575
STOP LOSS: 3645
TARGET 1: 3505
TARGET 2: 3435
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Manage your risk and trade your plan. :)
Britannia Analysis for 1 WeekIn my opinion Britannia went 52 weeks low and now got reversal. In one week if it reach after 3506 it will continue is uptrend like 3543, 3582, 3638.
BRITANNIA : SHORT : INTRADAYNote: I am just trader like you, not god or any registered stock advisor.
So I request before taking any position according to my view discuss with
your financial planner or take on own responsibility.
Thanks
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.
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 - 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.
SHORT BRITANNIASHORT NSE:BRITANNIA below 3440
SL 3455
TARGETS 3420/3400
Britannia given a long channel breakdown and retesting also done.
Britannia Britannia broke Resistance @ 3260 and moved swiftly to 3400 and closed below Resistance level of 3395. Considering current scenario if will be hard to brake 3395. If it is able to hold 3393 it will gain 60 points before starting downward journey. If it is not able to hold 3395 britannia can be a perfect short for target of 3100
