BRITANNIA trade ideas
BRITANNI ANALYSIS 28.10.2020BUY 3572 TO 3540
TARGET 3763 .
IN WEEKLY TIME FRAME ONCE IT BREAK 4014 AND IT SHOULD CLOSE ABOVE 4014 IN WEEKLY CHART AND THE TARGET IS 4500 .
INTRADAY LEVELS for tuesday 27/10/2020ALL LEVELS ARE MENTIONED ON THE CHART. Watch my other charts to understand the simple price action used for all of the analyses. Never risk more than 3% of your capital on any trade
Britannia, touched 3,500/- & reversed!Britannia reversed after touching the psychological price level of Rs. 3500/- Gave Rs. 33/- before reversing from days low.
Indicator used TE REKAB, it captures reversals in the market.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls do leave a like. My funda is to keep trading simple & stick to your conviction once you are on the right side of a trade, esp. intra-day trade !!
BRITANNIA BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
Britannia, Selling Divergence on 15 mins chart!Britannia strong selling divergence on 15 minutes chart (Blue candle). Gave Rs. 143 per share! Trading presently at mid Jun’20 levels. Strong buying with huge volumes only can make the stock bounce back … !
Indicator used TE REKAB, it captures reversals in the market.
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The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple !!
Britannia industries Ltd looks a good buying CandidateReasons:
1. Fibonacci Support Zone
2. Results good, indicates profit booking by big Players.
3.Already near the potential accumulation zone.
Britannia Broke Two Support Structure With long Range CandleBritannia Broke Two Support Structure With long Range Candle. Same Trend line will act as resistance henceforth.
BRITANNIA is falling with Volume on 4Hour ChartBRITANNIA is falling with Volume on 4Hour Chart touching the lower channel line
descending triangle about to breakmay enter a brief consolidation but for a medium term it may bounce back
Targeting downward price movement of Britannia uptil 3325.The Britannia is expected to go downwards at least until 3323 which is a further downward move of 250.
Traders can short the futures or buy put calls for the target.
#BRITANNIA - Shorting Opportunity !#BRITANNIA
Broke Support Level @ 3700 .. expecting the downfall to continue until 3550 !!
Britannia Adam And Eve patter.Britannia is forming adam and eve pattern and it may go up after breaking the resistance.
Britannia - trading possibility on both the sidesThe scrip has potential to move both sides.
Holding above 3776 might push the scrip towards 3875
Holding below 3700 might push the scrip towards 3588
Regards
