BRITANNIA trade ideas
good risk free returns in 1-2 yearsthere has been a cycle of 2 times more than% returns in a year
but only for good long term
gives good and safe returns
fmcg is often a risk free sector
and britannia has good name
long trade for long time investment.Increasing FY21/22/23 EPS estimates by 5.3/0.1/-0.9% on better than expected margin delivery due to benign inputs despite slow recovery in MT, Insti, OOH channels. 3Q revenues grew by 5.7% (4% volume growth) as pantry stoking normalized and transit cluster underperformed. BRIT continues to build on its strategic pillars of 1) innovations 2) affordable packs/pricing (biscuits–Rs5/10 in premium brands) 3) direct distribution (up 16% since March 20) 4) Adjacent product segments (Cake, Cream wafers, salted snacks, milkshakes) 5) cost efficiency programs (Rs2.5bn/1.5-2% of sales) and 6) high growth in Hindi heartland (1.3-1.6x). We expect BRIT to sustain efficiency gains given improvement of 1) 7% in factory productivity 2) 30% in wastage 3) 10% in depot space and 4) increase in direct dispatch from 8% to 22%. We believe launch of family packs in MT and Online and increased growth in segments like Rusk, Cake, Wafers, Croissants and Dairy based drinks will propel growth in coming quarters.
I estimate 24.6% PAT growth in FY21E and 13.9% CAGR over FY20-23. We value the stock at 46xFY23 EPS and arrive at SOTP based target price of Rs4280 (Rs4301 earlier). Retain Buy.
BRITANNIA INDS - Forming Bull FlagBRITANNIA INDS - Forming Bull Flag
Buy on Breakout
Targets in Green
Beginner's analysis.Hey Traders, Here is another analysis and of Britannia.
Please support and guide me, if there's any mistake made by me!
Levels mentioned on chart.
Can long and short only after closing below or above of the supply zone.
BRITANNIA BUY ABOVE 3420BRITANIA BUY ABOVE 3420 SL 3396
TARGET: 3442, 3467, 3486
If sustain above 3485 then 3500, 3515, 3535 possible
Posting for Educational purpose only
If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
Long on BRITANNIADouble confirmation
1. Last week it has taken support by forming a Doji candle
2. This week it has confirmed last week support by forming a morning star candle pattern in the weekly time frame
This is only for educational purposes and not a suggestion for investing. Do your own research before investing.
BRITANNIA GOOD LONG CANDIDATE BRITANNIA SPOT CMP 3355
BULLISH DEEP CRAB PATTERN FORMATION
PRZ :- 3300-3350
SLZ :- 3290 ON HOURLY CLOSING BASIS
TARGETS :- 3500-3550-3600-3650-3700
Good long accumulation seen around this levels.
Similar low formation around same levels..
Rsi bullish divergence and breakout from last peak seen
Good long candidate.
Always on risk management thats the life line for your survival in stock market.
Britannia on Good support of Jun 2020 range. Initiate Buy Initiate Buy in Britannia. See the chart for levels. Good time to enter for long term in this.
Views shared are personal and for educational purposes.
BRITANNIA SWING TRADING 1H1.head and shoulder pattern
2.bullish rsi divergence
target and stoploss see on this image
#patience is the key for a success........
BRITANNIA Trading SetupNear support of a long time frame chart. Higher the time frame, more accurate it is.
BRITANIA - Change of TrendExpecting a big up move in coming days in Britannia
Entry only on break of consolidation
Buy BritanniaBuy Britania above 3368 Stoploss 3325 Target above 3425
Study: Inverse Head & Shoulder Pattern Forming
Britannia - Long time for next LONGS levels on chart pls .
happy to discuss the queries in comment box :)
BRITANNIA Bullish Wolfe Wave on WeeklyNSE:BRITANNIA - BRITANNIA is generated Bullish Wolfe Wave.
Reversal with good volume will be ideal entry in one of the strong fundamental stock.
Britannia IndustriesIn weekly and daily RSI time frame price is trading near over sold. For long term, price may reach Rs.4200.
T1: 3680
T2: 3863
T3: 4200
If the price comes to 3050 accumulate it.
📊#Britannia long #niftyfmcg #nifty #banknifty #niftybank 🎯NSE:BRITANNIA
long only if find reversal. as per this pattern stop loss is quite big. so long only if you know reversal.
