Britannia - Getting ready for All time highsBritannia is making a pole and flag pattern and it is on the verge of a breakout which could take it to new highs.
All information available on charts. Targets given....Stop loss as per your risk....
BRITANNIA trade ideas
resistance and tl bo with volumebuy above 3750 for target of 4000 can run more above 4k level.
good for intraday also
BRITANNIA Breakout time Britannia is about to break out from a Symmetrical Triangle pattern,
1) Has been super bullish since COVID meltdown recovery
2) Broke 2019 highs and took support ( 3330 ) around 12th June 2020
3) Lost momentum around 30th July and Trend reversal confirmed around 31st August ( Sell pressure kicked in around 3955 range )
4) Sell pressure stopped around 3400 and took that as support ( its all-time high before the rally )
5) Currently in a symmetrical triangle pattern about to breakout.
Though it can break out in any direction, my bias is bullish.
Britannia - Bullish BreakoutNote: This is for educational purpose only.
There seems to be a bullish breakout on rising channel with good volume. RSI above 65 indicates bullish momentum.
LONG!! Britannia industries Potential flag pattern in the makingIs this for real? A potential flag pattern which can go upto 5175 from here, if breakout happens on the upside, keep watching !
Britannia Khao Khud Jaan JaoBuy with stop loss 3489 (daily closing) for target of previous high and 4700+ . 50% quantity can be bought at CMP and rest 50% on daily close above 3750.
Disc : It's not an investment advise to buy or sell
BRITANNIA - Long BountyPA in NSE:BRITANNIA suggest a long trade on the retest of a multi year wedge consolidation. We have missed the best location to long but we can still take a follow up trade for long on lower time frames.
Ride the trend till it bends for targets marked in the chart.
Best of luck Y'all!
BRITANNIA INDUSTRIESBRITANNIA has given breakout at 3600 after a long time and a high delivery percentage shows it may rise high buy for further gain. buy for intraday and short term 4000 target like and folllow
Britannia_Long CallDate: 28 Nov 2020
Britannia (CMP: 3,637.95)
Ascending Triangle Pattern. Strong buy volume + stock price going above 50 Day EMA + RSI moving above 50 levels is very good bullish signal.
Target - 3,815
SL - 3,550
Britannia ready for big move!!After correction from all time high, Britannia was consolidating pattern between 3400-3600. Now, it has given closing above it's resistance range on weekly chart. Probable wave count is shown in chart. One can maintain SL around 3450.
P.S. Today's last 2-3 minute move is bit cause of concern.
Britannia-Intraday-ViewBritanniaInds: Intraday
Resistance Breakout Possibilty
Long above 3610 with SL 3590
Buy BritanniaBuy Britannia....if price close above 3600 (1 Hour Chart) with sl 3500 Target should be the Pending gap Are i.e. 3740
its a Ascending Triangle Formation...Breakout level is 3600
All levels are on closing Basis
