BRITANNIA - SHORT (wait for pullback to Supply Zone)BRITANNIA - SHORT (wait for pullback to Supply Zone) - > to Initiate SELL side.
BRITANNIA trade ideas
Britannia ~ Distribution Phase over?We got historical volume on 3rd week of April and yet price couldn't break above upper range of distribution and in fact price closed with 2 upper wick for consecutive weekly candle. As long as price stays below 3400, we might see big down move on this instrument.
Target 1 - 1400.
Target 2- 850. Failing to hold 850 will take price to much lower levels.
Target 3 - 430.
Potential reversal with inverted hammerHello,
Found inverted hammer at the support zone and potential reversal can be expect in the chart.
Will initiate the long trade with the stop loss of hammer lower weak.
Regards,
Satish
Britannia Ind , 75 Min Analysis . * Price Touching Bottom Of Channel , Retraced Almost 0.618 .
* Neutral Candle With High Vol . ( Above It Go Long .)
Happy Learning .
Longterm : BRITANNIA go long; price range to buy 2643 and below BRITANNIA go long; price range to buy 2643 and below
Britannia Industries - Bearish Bias - Can Short at current levelBritannia Industries - Bearish Bias - Can Short at current level
BritanniaBritannia breaks an important support, sell below 2980 next next targets in the chart. and follow an nifty trend to get the best results. No physical stoploss, stop loss by your own
Britannia will be moving down from here , Fib levels mentionedBritannia will be moving down from here , Fib levels mentioned in the chart. Expecting the price will come down to 3000, if it not reversing from 1.618 fib level then it will comfortably move to 2 and 2.2 Fib levels.
BRITANNIA (Britannia Industries Ltd) SELL BELOW 3215BRITANNIA (Britannia Industries Ltd) SELL BELOW 3215
BRITANNIAIt may show some downside as rsi divergence and brarish signal of dark cloud cover like pattern.
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.
