BRITANNIA trade ideas
Britannia Industries Ltd - 19.11.2021Britannia Industries Ltd - 19.11.2021
The stock is trading @ 3570 levels
There is a support zone @ 3535 which got tested at 3555 levels
There is a stochastic bullish divergence in daily chart
Prices are below ema
Let the prices go above 3727
Watch out for price action
Birtania at demand zone1. moved with bulish pattern with high volume
2. trending above demand zone trendline
3. RSI is strong
Britannia buyBritannia buy for intraday trading if FMCG Sector show strong then we will enter in trade
BRITANNIA (LONG)good stock to buy at this level.
took support at 3600 and moved up
good volume coming in this stock
ready to fly up
Buy Near 3700
SL 3600
Tgt 3967 - 4097
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
BRITANNIA LONG TERM VIEWBritannia is facing resistance at 3712.
if goes below 3600 ... short for a Tgt of 3400-3370 keeping SL at 3780
and once 3370 reached ... long for a tgt of 3700 & 4000 keeping SL at 3300
if goes above 3750 and sustain and retested ... 3700-3750 will act as support ... Buy at this level for a tgt of 4000 keep s
SL at 3600.
Please correlate yourself also on charts. this is for educational purpose only. must consult with your financial advisor before investing.
BRITANNIA 1Hr Time Frameif Break below then only take trade! otherwise, Don't its look like an Inverted Cup and Handle Pattern!
Britannia : Ready for 4150Reversal from Oversold Zone (RSI Daily)
Support of EMA 200
Bullish pattern with support of Bullish Hammer
Target 4150
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.
BRITANNIA INDBRITANNIA IND
ONLY THINK FOR BUY
MULTI-CONFIRMATION TRADE
Buy above bullish candle high
BRITANNIA 1Hr Time FrameTake Positions only the given blue lines are broken Black lines are targets !
FORMATION OF TREND REVERSAL CANDLE FORMATION OF REVERSAL CANDLE. Watch 15m candle which CANDLE is form and what happen in volume.take DECISSION after conformation of your set up
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
