Britannia Industries - Bearish Bias - Can Short at current level
Britannia 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
Monthly Weekly Daily Shared above 4 Hourly Hourly
Britannia 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 3215
It may show some downside as rsi divergence and brarish signal of dark cloud cover like pattern.
Britannia 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 has up trend on daily time frame. so we can go long at given level for day trading.
SL COMPULSORY. 20 PTS GAIN EXPECTING FOR INTRADAY AT EOD.
#BRITANNIA _ Buy With SL 2400 Will Explain the detail Analysis.
Broke supp at 2622... Short on bounce with stops if close above 2622. Can run tgts to 2536