BRITANNIA INDUSTRIES has decisively broken the major resistance level. Wait for a pullback before considering entry into the trade.
As we can see stock is on ATH and trades above all EMA on day week month TF and retrace with gravestone doji on day TF. looks strong on week & month. it can go in a further upward direction. TECHNICALS —RSI ABOVE 60 ON ALL TF —CUP & HANDLE BREAKOUT 5 JUNE WITH GOOD VOLUME —OPEN MARUBOZU —BULLISH CROSS OVER ENTRY IS MENTIONED ON THE CHART educational purpose...
Britannia - Elliott Wave Count the market seems like completed its wave B and has begun the wave C downward with the target of 4200 or beyond. Please note that this information is for educational purposes only, and it is crucial to trade with caution. NSE:BRITANNIA BSE:BRITANNIA NSE:BRITANNIAZ2023
After Up channel, price is moving to upside with strong consolidation...its the sign of end of uptrend. after strong fall from this level price again tries to move upside... again selling pressure is seen from the same levels... today price is broken the trendline....if tomorrow it may retest and fall again up to 5000 level. until price breaks the support @5000...
Company Website britannia.co.in Presence in more than 60+ countries across the globe Top 3 FMCG giant India Ex RBI Governor Urjit Patel is the Additional Director of board. Sales are flat/ slow riser, cash flow has 4x'd in 5 years = looking at small expansions in Africa, one of the areas it sells along with the Middle East, Nepal No pledged shares, net debt...
Analysis of Britannia I look to Buy at 3429 (stop at 3380) My profit targets will be 3579
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. BRITANNIA is in uptrend on daily and in 1 hour it has made Descending Channel now on breakout it could show upside movement. Thank you !
NSE: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 buy on dip 3300 Is good level to buy start acculumate
Britannia 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 Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you...
Britannia 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
1. RSI seems positive 2. edge of triangle 3. FMCG index is bullish 4. taken support fib level 0.382
Buy Britannia Target 🎯 4500 because it's recently given breakout.
BRITANNIA is in good supply zone from 3605~3624. If BRITANNIA sustain above supply zone or 3624 then good for long. Target will be 3645~3660 ( 20th June 2021 )
HERE WE CAN SEE THE BRITANNIA CHART AT 1 DAY TF WE CAN CLEARLY SEE THE BREAKOUTS OF MULTIPE PATTERN AT SINGLE MOVEMENT LETS SEE HOW IT GOES BUT VUT IF VOLUME IS SUPPORTIVE WE WILL ENTRE
Britannia saw a good move from 3370 levels, moved above its recent high around 3555, and then taking support at it by moving in a range from the past 5 trading sessions. Now considering the recent price action, it looks like if it sustains 3500 levels, it could move towards 3800 very fast. This is my personal view on the stock, please feel free to comment what's...