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...
The CEO of the company was featured in an Indian Business magazine, in a very laudatory article. It is a widely held belief that such articles herald the beginning of the decline in the company's business, portended by stock price. Britannia Industries stock has been a laggard in the massive rally in the last 2-3 months. In fact, it broke down below the...