BRITANNIA trade ideas
BritanniaBritannia
Sideways till in range of 5030-4820
Break out or Breakdown will bring in trending moves
Lets see how long it stays in the range :)
BRITANNIA -long for 10 % sharp reversal from 200 day EMA followed by
bullish inside bar above 200 and 18 day EMA
about to breakout from descending channel
target adn SL marked
Stock For 26th March (Intraday) Britannia 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 professional guidance tailored to your individual financial circumstances and goals.
Britannia: Triangle Pattern WatchoutConsolidating 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.
Britania at the bottom of the channelIts trading at the bottom of the channel and always takes support at this trendline.
We can enter the position with SL: 4785, Target: 5400
britannia buyBuy 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.
Weekly chart analysis of Britannia Industries Ltd.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 investment decisions.
Short HeroMoto & Buy BritanniaIndicator 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.
britanniaroundinng bottom pattern.
restesting phase
wait for the restest reversal
go long till monthly r1
Big Players Activity in BritanniaLook at the Big Players Foot Prints in Britannia.
If it Gives the Break out upside, it will give the Big Rally.
BRITANNIA | Investment Pick📊 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 Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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BRITANNIA: Forming Symmetrical Triangle PatternBritannia 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 year.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Two Bullish Breakout Patterns in a Giant F&O StockA 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 is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
BRITANNIABritannia breaking all time high.Support is 5155.If bullish sentiment above 5150, then price move to 5645.
BRITANIA H&S BREAKOUTBritania is breaking h&s pattern
with good volume and rsi
trading above all key ema
near #target can be 5250
educational idea
Britannia - 1st Target 4924It appears that primay wave 4 of cycle V has ended with more than required retracement. Expect this to touch 4924 as first target towards its upward goal. If current wave remains primary 4, then rangebound movement also suggests this level as target. Alternatively, if Cycle target is supposedly met at 0.618 without completing pattern (4991), then also the current wave becomes wave B of correction, trying to retrace 50% of entire downward movement of current down swing leg, should achieve this level. This is my pure trading call, not a long term call.
Alternative possibility of this cycle V being a diagonal is also fulfilling, if not highly convincing, in that case also, the current minor upwave should become wave C of diagonal wave 3, giving little higher targets. This is kept on backburner until wave 4 retraces into territory of wave 1, being the main characteristics of diagonals.
Chart explains more.
Disclaimer : Same as written in previous other posts.
9% Short term gain in Britannia Stock has highest ever numbers in sales & profits. Recently it has successfully completed CWH pattern result.
Currently stock is available below 200 SMA and trying to get support. Pivot Fibonacci resistance, which is a monthly weighted average price, can be a short term target.
Resistance boAfter good consolidation stocks has given bo if sustained and take support on resistance line good for long
only for educational purpose
not for recommdations
Positional_ BritanniaHave Britannia added in your watchlist. It may provide (1:4 risk-reward) positional trade in the upcoming days.
Entry price, SL and target will be decided afterwards.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
Bullish Momentum in Britannia Industries - Identifying a potential bullish momentum in Britannia Industries with key indicators signaling positive trends:
1) Sideways Breakout:
Over the last 3 months, Britannia has broken out of a sideways trend, indicating a potential shift in momentum.
2) RSI Caution:
While the Relative Strength Index (RSI) is around 65, suggesting strength, caution is advised as it approaches overbought territory.
Smart Money Breakout:
The Smart Money Breakout indicator has demonstrated a winning probability of approximately 61.6% (45 out of 73 instances), supporting the current positive momentum.
3) Fibonacci Breakout:
The Fibonacci retracement at 0.3 ratio has been successfully broken, adding confirmation to the bullish outlook.
As always, consider market conditions and stay vigilant while buying, especially with RSI nearing 70.
