Profitsecrets
This Breakout can grow your portfolio's valueBritannia Industries Ltd is showing a good buy for all the MEDIUM TERM & LONG TERM INVESTORS because Britannia is showing a FLAG Position in its weekly charts.
The stock just crossed the Higher High's trend line which is an signal that the stock had changed the on going trend and speeded the candle more bullishly.
As it is a weekly chart, my experience says that the medium term buyers can come forward into the markets for good buy position and as per DMI Indicator (It happened). Many Medium term players entered the bullish Train for gaining good amount of Profits.
Now lets directly to my Analysis.
Britannia Industries CMP - 3895.95
Targets for this Idea will be for Medium term Investors (If you are not a medium term investor or a medium term trader) estimate this stock as per you analysis.
Targets - 5375.05
Stop loss (Every other thing in the Markets are not in your control, but the risk is calculated and always controllable and I think the most important for any Technical Analyst is RISK MANAGEMENT)
Stop loss for this Trade - 3800 / 3790 / 3750
The Stock is Bullish and can give you a good returns in Future
All the best!
AdaniPorts 2% profits can be seen in intraday tomorrow.Hi Traders!
On upmove we can have a profit of 2 percent in intraday above 315 or by shorting below 301. Wait for the trade confirmations!
Morhersumi July 6 2020 Mothersumi s levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistance levels are unlike others , we opt for hourly charts and technical analysis. Our analysis is based on levels , algorithms which we created , beyond technical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis.
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
