Britannia Coming From All Time High and now Coming To 15m inducemnt area below this one and only one Order Blocks is also present . So we can try to make positions from here after IDM sweeping or OB tapping Also there is a liquidity area below this so we will after lower time frame Confirmation
BRITANNIA 4532 TGT 5100 +++ SL 4400 TIMEFRAME <6M RR > 3 Return >15% +++ Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
1-hour chart, the stock is trading in an expanding triangle, with tendency to test the mid line before rebounding to the Resistance R. Above Resistance at around 5250, the target will be 5625 Below mid line (SL), stop loss ; as the high chance to test the support line S.
Britannia has broken out with great volumes, retest done too. Going long at current levels looks good with a target new ATH, can stay in the long trade as long as the stock is trading above 5270! Supports are marked on the chart.
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
The good old support and resistance play ongoing in Britannia. The stock first broke out on Nov.7 from a 2 month old resistance zone of INR 4600-4650.It has then again tested the same breakout level on Tuesday's trading session. This retest seems to have re-energized the engines of this stock that is cruising forwards quite strong from past 2-trading sessions. ...
NSE:BRITANNIA One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
IONEXCHANG CMP 584 TGT 700 ++ SL 533 Return ~ 20% TF 6months RR >2.2 NSE:IONEXCHANG #IONEXCHANG Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings...
It will followup for a day with selling Target 4300 Sl above 4450
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...
NSE:BRITANNIA LIFE TIME BO!!! One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for...
Price Trading near Multiyear Resistance ...High probability we will see some downside
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...
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 Daily : Stock is in uptrend. 15 min : stock is in range. *Wait for the range breakout and we could see an upside movement. THANK YOU !!!!
02-12 Daily chart of BRITANNIA1! LTP: 4417.75 There is a clear bearish divergence in RSI. The candles are now resisting the highs. The gap between 200 EMA and the candles is not healthy. Aggressive traders can go short and safe traders can wait for 4200 levels to buy on dips.
Analysis of Britannia I look to Buy at 3429 (stop at 3380) My profit targets will be 3579
A typical pattern which is self explanatory. Is Risk Reward favourable? Possible time will tell :)