BRITANNIA - Bears Counter attackBRITANNIA - Bears Counter attack, potential trend down till 3625 levels as long as it trades below 3880 on closing basis.
BRITANNIA trade ideas
#Britannia cash : Looks good sell below 3636 SL 3670#Britannia cash -Positional call
05.07.2022
Looks good sell below 3636
Stoploss 3670
Target 3572/3524
Cmp 3660.05
Britania Buy above 3790It 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.
BRITANNIA - 13th July 2022Stock hitting Resistance 3850 - 3700.
Expect weak price action below these levels.
Bears can dominate in pushing prices lower from here
Britannia you should sell or not ?NSE: BRITANNIA
If Breaks Then The Targets could be Taken at 3439
Time Frame :- 1 Day
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Based on Your Own Risk this is only to Show you the Current Pattern
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Made By MAYANKTECHRESEARCHING
BRITANNIA WEEKLY CHARTBritannia 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
Breakout in BRITANNIABreakout 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.
BritanniaPrice at multiple supply zone, may see some downward pressure
Above view only for educational purpose
BRITANNIA - 1st July 2022Stock hitting Resistance Zone of 3500-3465.
Bears can become active below this Zone and try pushing prices lower
buy BritanniaBritannia 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.
BriatanniaBritannia 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 wave structure on hourly chart
Price in buy signal as per RK's mass psychological cloud and stop line
macd in daily uptick
macd in hourly is uptick above zero line, but yet not crossed positive
RSI in hourly is uptick above 50 and near 60
price closed above 20HMA
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BRITANNIA -LONGNSE:BRITANNIA
One Can Go Long , Strong Support of 2 Trendlines !
Sl Can be Below the Trendline
#Britannia cash : Looks good around 3340-3355#Britannia cash for 1-2 days
20.06.2022
Looks good around 3340-3355
Stoploss 3310
Target 3420/3500
cmp 3378.60
Britannia Go LongBritannia stock analysis
Break the trend line and take support
Farm new Higher High and Higher Low
Britania may fall Today there's a formation of rising wedge pattern in britania and hence it may fall , therefore short selling after the breakout can be a good move
LONG SHOOT SETUP HAS BEEN FOUND @BRITANNIAA LONG SWING TRADE TF+1(DAILY), TF(75MIN)
IN DAILY TIME FRAME STOCK HAS Start PICKING SOME Momentum
WITH RISING AO AND MACD Divergence
A BREAKOUT FROM Channel Pattern CAN BE SEEN ALSO
IN 75MIN TIME FRAME
RSI(3PERIOD) IS @OVEROLD
AND Stochastic Oscillator Divergence CAN BE SEEN WITH RISING LEEN
AT ENTRY LEVEL A a morning star candlestick patterns CAN BEE SEEN
Downtrend & Channel BreakoutA breakout has seen in the upper side of both downtrend and parallel channel as shown in the chart.
PS = Trade at your own risk. This is for educational purpose only.
Channel pattern breakdown in BRITANNIA.The Channel pattern seen in today's trading session has given a breakout in BRITANNIA and is likely to go up side 3715+.
Look for Breakout, Minimum 5% Even after good results, it was not able to march north. Now its the right time Keep an eye it may breakout. If you like the idea please give thumps up
BRITANNIA - 20th MAY 2022Stock in Sideways Trend
Taking Support in 3340-3000 Range
Holding this Support Area will help Bulls push Prices Higher towards 4000-3800
