BRITANNIAIt may show some downside as rsi divergence and brarish signal of dark cloud cover like pattern.
BRITANNIA trade ideas
Britannia at supply zoneBritannia is at supply zone..short below 3070 only target 2800-2600, go long above 3152 for first target of 3600.. all views are for positiional
Britannia LongBritannia has up trend on daily time frame. so we can go long at given level for day trading.
1038. T10G, FOR INTRADAY 2935... WITH 5 PTS SLSL COMPULSORY. 20 PTS GAIN EXPECTING FOR INTRADAY AT EOD.
BritanniaSo the negativity after a disappointing Quarterly Results show seems to have been factored in the price, bears have brought the stock back to 2018 lows around 2600! First signs of bulls visible today, but is it just some short covering? Let's find out! Trade looks rewarding compared to the risk involved, I see a BUY with a Stop loss of 2600 for a target of 2900 atleast!
