Pole and Flag.
Downward channel.
Will break it soon.
Everything is OK with this large cap stock.
Fasten your seatbelts.
Disclaimer: Educational purposes only.
Before taking any trade do your analysis first.
I wanted to emphasize that the views I express are strictly personal and should not be construed as advice. It is crucial to consult with your financial advisor before making any trades or investment decisions. The complexity and unpredictability of financial markets underscore the importance of seeking...
Consolidating bullishly in this bearish market. watchout for volume breakouts. Stock with overall good fundamentals. Lets see how it moves in this market condition.
Disclaimer: I am not a SEBI registered person nor this is an investment advice, just my personal trade diary. Opinions and ideas are always welcome as it helps us grow together.
Buy around 4900
sl close below 4880
easy tg - 4960
tg2 - 5000
Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
Bullish outlook with upward breakout from upper Bollinger Band.
Ascending channel pattern since March 2022, forming higher highs (HH) and higher lows (HL).
Entry: Below middle Bollinger Band at 4880.
Stoploss: 4320.
Target: 5440.
Disclaimer: This analysis is for informational purposes only and not financial advice. Always do your own research before making...
Indicator at the bottom of the chart shows that pair has deviated to extreme negative side from its average. Trade here is to Buy Britannia futures & Sell Heromoto futures hoping there would be convergence to mean.
Month of Feb has not been good for Heromoto in last 5 years.
📊 Details
Britannia Industries is one of Indias leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr. Britannia is among the most trusted food brands, and manufactures Indias favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India. Britannias product portfolio includes...
Britannia 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...
A Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:BRITANNIA
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis...
