1) Long if it comes at discount. 2) Potential trend reversal happening at 15 minutes level. 3) Inside a ranging area. 4) CMP to enter the position: 50120. SL : 49700. TP1 : 50450 TP2 : 51000
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...