Britannia is a good value buy at this stage with great fundamentals. Lying in its long term support zone of 3300-3400, this stock is already in over-sold zone of RSI. So you can start accumulating on each dip. And from the past history we can see, whenever this stock is in the oversold zone, it runs up at-least 5-8% in a few days. So this can be a good swing...
Nifty looks good for short position in case the market opens flat or gap-down. Immediate support is at 14890, breaking which it might witness a fall till 14750.
Since RSI is giving positive divergence, this can be a good point to enter for swing trading if breakout is seen from the blue line. BUY above: 350 Target: 365 / 70 ++ SL: 335 Note: This is my point of view. Please do your own analysis before entering into trade.