bullish view on britannia delivery as per charts
a leading diagonal is formed wave i
and then it got retraced to the 0.78% levels which is marked by end of wave ii
the target is 4000 rs first and then 4500 levels
strong buy recommendation
BRITANNIA trade ideas
bullish view on britannia delivery for short term investorsas per charts
a leading diagonal is formed
then got retraced to 0.78% levels thats end of wave ii
upside marked as end of wave iii.
buy in cash market delivery..
strong buy target 4000 rs then 4500
Britannia Bullish Flag FormationJust Archiving for Educational Purpose.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
Britannia - Bearish move indiacation on 1hourA decent breakdown
followed by bearish flag
If flag low is taken out..smooth move downwards
Triangle in BritanniaLook for triangle breakout in Britannia in coming days in weekly TF, can be considered as the pullback as well for resistance turned support
Brittania Trading in TrendLine - Keep in RADARBrittania Trading in TrendLine - Keep in RADAR, can wait for reversal in RSI
Buy Britannia near 3570The 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
Bullish Pennant Flag pattern on Britannia's daily time frameBritannia is looking a good portfolio pick with this bullish flag pattern on daily charts. Risk to reward looks good too.
Britannia may fall below 3600If Britannia breaks below 3600, 1st traget 3500 and 2 target 3400,
Current view Sideways to bearish
BRITTANIA LongStock is preparing to move up. Can enter once Red line is broken and closed for the day.
Stock looks weak below 3580NSE:BRITANNIA
Stock after a small up-move has been consolidating for the last couple of days and has now formed a head and shoulder pattern on an hourly chart and looks like it might head lower from these levels if stock trades below 3580
Below 3580 the stock might slide lower towards 3550/3510 levels SL can be placed above 3620
Ideas shared are for educational purpose only.
Short Britannia!Britannia finds itself in a triangle unable to form newer highs. Additionally, it has been consolidating in a tight space of 100 points near it's lower TL for the last 4 trading days. If it breaks on the downside, one can go short as soon as the lower TL is intersected and can expect 3511 in the short term and even 3450 levels to be retested in the coming days.
Buy BritanniaBuy Britania above 3626 Stoploss of 3565 and Target is 3700 and above
Study: Downtrend Channel Breakout
Britannia Swing ViewBritannia:
Swing View
Falling Channel Breakout Possibility
Long above 3605 with a SL 3570
britannia dailythis is an updation it took support of trendline, moving in a channel & expected trgt 3700 positional,
