stock on breakout3850/3900+ now trading at 3547 above 200/50 ema
BUY ZONE : 3840 - 3850 TARGET ZONE: 3900 - 3910 STOP LOSS: 3825 (On closing basis)
Paper trade baccho :-) Negative divergence detected. Entry only after 3830 was taken out & sustained. PCH will be SL. The patience game is on.
BRITANNIA has given cup n handle breakout at 3870 level. We can expect a potential target of 3975+ and 4020+ levels (positional view)
NSE:BRITANNIA Britannia looking good above 3882 @Forming a flag pattern after a pole spike up movement, with horizontal resistance. @ Good momentum is expected on breakout. @ Try to capture at least 1% move as this setup is on 15 min time frame. Always trade with stoploss Keep learning ,Happy trading.
Wait until a breakout occurs. Buy around 3900. Stop loss below last swing.
BRITANNIA - Bears Counter attack, potential trend down till 3625 levels as long as it trades below 3880 on closing basis.
It has created a inverse Head & Shoulder pattern and breakout and restested the level and the level is also Fib 0.236% level. Stoploss 3690 target 4015 Risk:Reward 1:2 This is for educational purpose. Please follow your own analysis.
Stock hitting Resistance 3850 - 3700. Expect weak price action below these levels. Bears can dominate in pushing prices lower from here
BRITANNIA INDS seems Triangle pattern , keep concentrate for the breakout. if price open close above the trend line in 15min time frame get confirmation. Refer upcoming target.
NSE: BRITANNIA If Breaks Then The Targets could be Taken at 3439 Time Frame :- 1 Day We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome content Made By MAYANKTECHRESEARCHING
Britannia is looking good on weekly chart breaking down trendline resistance and giving positive signals on rsi divergence too Cause of long 1- Downtrend resistance line breakout 2- Rsi breakout
#Britannia cash -Positional call 05.07.2022 Looks good sell below 3636 Stoploss 3670 Target 3572/3524 Cmp 3660.05
Breakout in BRITANNIA Entry: CMP Target: 4050 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Price at multiple supply zone, may see some downward pressure Above view only for educational purpose
Stock hitting Resistance Zone of 3500-3465. Bears can become active below this Zone and try pushing prices lower
Britannia is out performing nifty 500. at current level it looks good for target price of 3700 and 4000. Entry should be done around 3430 and stop will 3350.
Britannia has shown clean 5 wave decline in wave A, indicating that the short term structure is bearish, but near term pullback is due as a wave B which can maximum retrace upto 50% or 61.8% of wave A, possibly near 3500 levels. Once the pullback is complete wave C would be ready to start journey towards south directions Down towards 3200-3300 range. Overall...