BRITANNIA trade ideas
Can be a good intraday bet @ Short BritanniaThere has been a strong break down on hourly chart in Britannia ind. Can short at the present level with target 3465 and SL above 15-20 points.
Risky Trade.
Valid only if opens at the closing level or gap up/down by 0-5 points.
BRITANNIA - TRIANGLE PATTERN FORMATION & IMP LEVELStriangle pattern formation spotted. important levels are marked
BRITANNIA Long IdeaBRITANNIA near Breakout (Red line)
Looks good above 3543 Level (Green Line) for the target of 3570 which seems next resistance
BRITANNIANote:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
Britania 1D Chart, travelling towards the supportPlease take entry once u get a proper reversal or breakout from the levels, kindly support my views
#BRITANNIA #BRITANNIA WEEKLY
CMP 3520
Stock looks good near 3450 to 3400
we can see again ATH
Invalid below 3160
#Disclaimer:-I just shared view for only educational purpose.
Britannia go Long - Double BottomEverything is mentioned in chart
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BRITANNIA - 1D TF - Bullish BatBullish Bat pattern forming on Daily Chart of BRITANNIA. BUY 3380, SL 3299.9, Target(s) - 3450, 3475.
Britania 1D Chart, Taking supporttrade only when u get a proper breakout or reversal, please support my views
Double BottomA perfect double bottom formed on support. Stock can move towards from CMP 3470 to target 1) 3580 and target 2)3716 with stop loss at 3380. Just for education purpose. Have a great trade.
Hidden bullish divergence In an uptrend, if we compare swing low of price to swing low of rsi.
price moved up and rsi moved down.
Same can be confirmed with weekly chart rsi taking support at 60.
BRITANNIA,BUY !!!BRITANNIA is in previous low in daily chart and DOUBLE BOTTOM form in 1hr chart and the chances are going to hit the next resistance level.
ENTRY-3442
TARGET-3572
