BRITANNIA Buy for intraday tradingBRITANNIA Buy for intraday trading if stock break the given resistence level.............
BRITANNIA
BRITANNIA Positional long viewNSE:BRITANNIA long time consolidation breaks upside resistance.
My entry point is 3800, will hold till 4150. (following stoploss trial)
My stop loss will 3700 (100 points only)
Note: This is my personal analysis, only for learning.
BRITANNIA INDS Near Parallel Channel breakout on Daily timeframe*BRITANNIA INDS*
Time Frame: Daily
Observation:
* Near Parallel Channel Breakout
Resistance/Target: 3949 4149 4376 4518
Support: 3564 3401
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Britannia RSIBritannia RSI behavior over 5 years. Learn how RSI could possibly behave in worst of the situations
#Emamiltd #HINDUNILVR #ITC #DABUR #BRITANNIA #MARICO #NESTLEIND NSE: EMAMILTD
CMP: 486.35
Target 596 ~23%
Stop Loss: 450 Trailing
RR > 3
Tf 6M.
NSE:EMAMILTD
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Nifty, Banknifty and top stocks analysis for tomorrow + levelsI feel this week might be super important for the market and a do-or-die situation for the bulls. What are your views?
Britannia RetestThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Britannia Weekly chart crucial supportBritannia is taking support from its crucial levels.
It's respecting these levels since June 2020.
Reward to risk is 3.9:1. Very favourable.
If it breaks the support zone, we can go short. Target has been marked with a red horizontal line.
Simple and straight forward analysis.
Let me know in how to went in the comments.
BRITANNIA INDFundamentally strong stock.
Higer delivery quantity.
Close entering 52 week high zone.
High ROE
High ROCE
Net sales last 4 years growth ratio is positive.
Cash from operations for past 5 years is positive every year.
Dividend has been paid (since-2011)
As for data available date- 25-01-2022
Britannia breakout, go longBritannia ha been trading in a parallel channel for some time now it has given a breakout, we can make positions for the upper marked targets.
Buy above - 3575 (wait for a pullback)
Targets mentioned in the chart above
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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Britannia bullish closingNifty FMCG gave breakout and may continue to look for up side.
Britannia closed above the trendline and can be bullish for today.
Target :- 3675
Sl :- 3600
Britannia Industries Ltd - 08.12.2021Britannia Industries Ltd - 08.12.2021
The stock is trading @ 3575 levels
There is a RSI Bullish Divergence in Daily Chart
The prices are above ema
Let the prices go above 3605
watch out for the price action
Birtania at demand zone1. moved with bulish pattern with high volume
2. trending above demand zone trendline
3. RSI is strong
Britannia ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
This is a high risk trade as the market is in a overall bearish sentiment. Plan Trades Accordingly.
Britania may breakout from triangle1. RSI seems positive
2. edge of triangle
3. FMCG index is bullish
4. taken support fib level 0.382
BRITANNIA : Short trade oppertunityBRITANNIA
Trading below Monthly VWAP, 20 SMA and low volumes in descending triangle.
If breaks 4000 and sustains, next immediate target will be 3909.
Please add to watchlist and trade carefully - watch market trend.
Britannia looking bullish modegiven breakout from weekly triangle
daily time frame made pole and flag pattern
daily time frame taken support from 40RSI
entry could be taken from bottom of wedge with small sl
triangle pattern in britaniaWe can see Britannia trading between these support and resistance creating a triangle pattern and a resistance at shorter term also. We just saw it retracing back from that resistance.
GBP/USD's REBOUNDWe had a complet Up trend in the British Pound it is excelent to Buy it probably will reach this three levels But the buyers still in the bed... We'll wait for the morning if it still going up then there is a chance. The market gave us one sign this price is the lowest price we had for today. Let's see if there is any updates for tomorrow.
Brittania Good for Positional TradeBritannia is on good support & looking bullish if sustain on closing basis above 3445 then will be Good for Positional Trade Target will be 3600 -3700 - 3800
Britannia Buy AnalysisBritannia trading in downward channel if its gives breakout from it we can buy it above price of 3460 for target of 3510 and 3550 with stop loss of previous swing low 3410 on hourly closing basis.
