Short Britannia Intraday , shorted as the supported was broken & supported by system Intraday trade for Britannia
BRITANNIA trade ideas
BRITANNIA is Making Symmetrical Triangle PatternBritannia Industries Limited ( NSE:BRITANNIA ) is Making Symmetrical Triangle Pattern. This can become a very good trade for intraday traders.
Chart Published By Ravinder Sharma
Double Bottom + Bullish DivergenceDouble bottom pattern has formed
near a key support level to make
the trend more powerful
a bullish divergence has also formed.
Britaninia : Trade SetupNSE:BRITANNIA
Hi Traders,
BRITANNIA has broken upward price channel as well as descending triangle pattern and taking support on previous high of upward price channel. If this support is broken by it then it will start downward movement.
Stock Analysis
* Stock has broken upward price channel.
* Stock has broken descending triangle pattern.
* Taking support on previous high.
Sell Level
Below 3684 (based on price action)
Target Level
TP1= 3520
TP2= 3419
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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Britannia Inds : Bull FlagWatch the consolidation zone very carefully. Wait for the high volume to enter.
#BRITANNIA CASH : LOOKS GOOD ABOVE 3800.10#BRITANNIA CASH - POSITIONAL FOR 15-20 DAYS
01.09.2020
LOOKS GOOD ABOVE 3800.10
AND DIPS 3750-3760
STOPLOSS 3700
TARGET 3950-4000
CMP 3771
Britannia - quite a spike in volume on monthlyFor educational purpose only. Interesting to see volume picking up since last 4 months in this script.
SHORT if it gives you any opportunity.check if it retests the trendline, then that'd be a great shorting position, because for positional traders, it has given a breakout, and wait for the correction, if it breaks the red line @3911.70 and initiate your short somewhere around @3956 with targets to be @3911
Britannia - Intraday Trading SetupSmart money distributed before starting downtrend.
They will exit their position by buying when price comes into buy zone.
Note - avoid before 9:30am and after 2:30pm due to high volatility
BRITANNIA - WEEKLY CHART VIEW!!#BRITANNIA Industries Ltd.
Since past six trading sessions price consolidating with in 300 points on higher side of the current up trend where 3700 is support and 4010 is resistance.
Price should break this mentioned support & resistance zone to unfold fresh momentum based clarity on short term direction.
BRITANNIA LONG CALL // FIBONACCICall for Tuesday July 6th June 2020 // This is a swing trade call and not an intra-day trade //
NSE: BRITANNIA INDS
CMP: 3623
BUY: @3650 (Max)
TARGET: Min 4200-4500+ (15%-20%) around - Trail the SL once this target is achieved. Suggested Exit is on 15%
STOP LOSS: 3300 (10% Max) around
DURATION: In 12-15 Trading Sessions Target should be achieved
Disclosure: I may or may not have a position in this trade.
SWING TRADE... TARGET 3950THE STOCK IS MAKING AN INVERTED HEAD AND SHOULDER PATTERN. (1 HR TIME FRAME)
AND THE LONG WICKS IN 1 DAY TIME FRAME INDICATE BUYER PRESSURE.
THERE IS ALSO BULLISH ENGULF HAPPENING
P.S
NEW SWING TRADER.
#Britannia cash : Strong upside only once Close above 3850#Britannia cash
16.08.2020
Strong upside only once close above 3850
Strong support 3740-3750
cmp 3805
