Britannia will retest after the support ? Target of 5529Britannia showing strong upside momentum, has strong weekly support near 5150
Entry can be near support
5140 - 5150
Target 5387, 5438, 5529
7.5% Upside Potential
BRITANNIA trade ideas
BritanniaBritannia 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 DAILY CHARTBRITANNIA DAILY CHART
Ellipse breakout @ 5060 Target 5750-5840 (MOB) Support @ 4700
This stock has witnessed an ellipse breakout @ 5060 levels, with target projected as MOB @ 5750-5840 levels.
Its only an observation & not any suggestion or recommendation
BRITANNIA FOR LONG TERM INVESTMENT IDEAAs we can see stock is on ATH and trades above all EMA on day week month TF and retrace with gravestone doji on day TF. looks strong on week & month.
it can go in a further upward direction.
TECHNICALS
—RSI ABOVE 60 ON ALL TF
—CUP & HANDLE BREAKOUT 5 JUNE WITH GOOD VOLUME
—OPEN MARUBOZU
—BULLISH CROSS OVER
ENTRY IS MENTIONED ON THE CHART
educational purpose only!✨
Do your research before making any investment🥂
💥Britannia Industries 💥-Nice Breakout💥Britannia Industries 💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-5130-5150
Breakout Price-5125
Stoploss-4580
Targets-6407-6829
RT for max reach
#britanniaindustries #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
BRITANNIAAfter gud consolidation on weekly time it is ready for fresh break out. if this week candle closses above 4500 then it will be buy SL will be 4444. then it May have gud target of all time high.
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
Britannia - Bearish ViewBritannia - 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
Britannia Britannia Ind is on TL. Will make it or break it, that's a part of Time. Keep an eye on this.
Britannia for swingFmcg is all set to make new highs
Britannia can lead this rally.
Levels marked on chart.
Britannia Megha HornBuy Britania Megha horn formation... Just concluded my traded but I still fell it is bullish ...
Trading cannot get simpler than this_BRITANNIA_TRADE-SETUPThe 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.
Another minor resistance of 4710-4730 has been taken out in yesterday's trading session as well.
The stock shall now advance towards INR 4960 which could be used as a target level for a short term trade.
INR 4710-4730 shall now be considered as a support area for the stock in case it pulls back a bit on smaller timeframes. The pullbacks are always great to look for to enter into a trade.
Note*- The views are based on personal opinions/observations. Please do your own research before making any trading/investing decisions.
BRITANNIANSE: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
Britannia Positional PickBritannia Positional Pick (Duration few weeks)
Buy @ : CMP
Targets : 4804, 5144 & 5991
Stop Loss : 4188
BRITANNIAStock breakout with big Bullish candle. after a long sideways channel.
Price above all DEMA means trend change Bearish to BULLISH
MACD Bullish crossover done 👍
RSI indicate Bullish signal
Good volume
Chart set-up very good for long
Channel Resistance now support for long trades.
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations
Britannia trade setup 10-15 % upside move may be possible in the upcoming 1 months . very good consolidation is happen from past few weeks . We can expect a swing after closing of today's day candle if it closes near around and above 4628-4633 having stoploss around 4540.
BRITANNIA After a long sideways channel stock try to breakdown.
Once price break today & confirmation done tomorrow then price go short side
If price return to support line then make a fresh buy Entry
Neckline is very important
Wait n watch situation
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations
Britannia Ind.Stock in accumulation on a higher timeframe, after a possible breakout and we can see a new ATH in the coming weeks.
BritaniaAdd in Watchlist
Buy on box Breakout and confirmation
Target Short term- 4575/4598/4620
Sl-4500 after breakout
