BRITANNIA trade ideas
Inside Wedge patternStock taken support bottom of wedge pattern, expected target marked on the chart.
Let's see...
Buy Britannia Target1 :3726 Target2:3930 Target3:4200 SL:3279 onBuy Britannia with target of
Target1 :3726
Target2:3930
Target3:4200
SL:3279 on closing basis
Britannia Trading below 200 EMA
Respecting downward trendline
Volumes are low
If breaks above marked red area with good volumes and sustains then could be good buy for long-term.
This is just for an educational purpose.
Morning Star on Britannia1.Morning Star on weekly charts
2.3500 very important resistance & pshycological level, also near the down trendline.
3.RSI Increasing & breakout
Britannia - Path to Recovery - Day TFPresently in the strong support zone. 19th Fri Day ended - Spinning Top, Price was negative Change in Futures OI positive with Long Buildup and high equity delivery percentage. Strong reversal signal, but we have to wait for PA confirmation. This week to be watched out. It will be a STRONG BUY if PA confirms this week. Additionally, check VPVR support and accumulation points. This is purely for educational purposes. I do not recommend anyone to buy or sell equity or trade stocks or indexes based on my studies. You are also suggested to see other indicators like MACD, RSI, Stochastic, and EMA.
Britannia waiting for breakout !? It is under hibernation for too long time and currently price is at very strong support level. It is looking for breakout to upper side!
Britannia - Bullish divergence!!! Britannia seems to end its downtrend as it is showing divergence. Time to start collecting this stock!
Note:For educational purpose only!
Britannia Formed Flag pole patternBritannia Formed a Flag pole pattern. Keep an eye to enter in this stock.
Britannia Long on RadarBritannia is approaching the major support zone now from 3300-3400.
Bullish Harmonics Pattern with 0.886 FIB
Mostly likely forming a double bottom (Not confirmed yet)
Waiting for a bullish reversal signs however Bullish Div is clearly seen on Hourly and 2 hourly TF.
Long here in Delivery and/or F&O is a low risk entry with SL below the major support line.
Britannia heading towards lower end of regression channellooks like lower end of regression channel may be broken
