Watch BritanniaWatch Britannia After taking major support it start new rally above 3550 with the help of Volume
Drastically CE OI dropped against ATM PE OI gained ...
It indicates Short covering Possible
Keep in your Watch List
Market insights
BRITANNIAIs in consolidation from last 1 year
looking like completed WXYXZ wave pattern
One can enter here partially at,
Cmp- 3490
SL- 3200 (closing base)
Target- 3700....3850....4000....4500....5200
(Big move expected only after daily closing above 4050)
Britannia - Elliott wave Analysis - C of ABC zigzag as (Y) waveIt is in C wave of ABC zigzag. Any pull back as 2nd subwave of C wave can be short sell for more downside.
Britannia Buy AnalysisBritannia trading in downward channel if its gives breakout from it we can buy it above price of 3460 for target of 3510 and 3550 with stop loss of previous swing low 3410 on hourly closing basis.
Britannia is at the bottom of the triangle...Britannia is following a triangle pattern. A good time to ride a short wave before a breakthrough.
Britannia - Elliott wave Analysis - C of ABC zigzag It is in ABC zigzag pattern as (Y) wave. 2nd wave will start soon in C wave.
BritanniaPrice is testing previous breakout and near 200 EMA on daily time frame.
If it renters the triangle then further downfall can be seen however the chances of taking support here are very high.
Wait for price action and enter accordingly.
I will be more biased on buying side.
Just for education
Britannia about to break on weekly chartA perfect pole & flag pattern is visible in Britannia, hoping for a breakout here, keep an eye.
Simple price action , no jazz!
BRITANNIA BRITANNIA is in good supply zone from 3605~3624. If BRITANNIA sustain above supply zone or 3624 then good for long. Target will be 3645~3660
( 20th June 2021 )
Britannia 15 MinBritannia looks good for long on moday. wait for Lines to break up or down then good entry
BREAKDOWN EXPECTED | RISING WEDGE FORMATION [WATCHLIST]Britannia forming RISING WEDGE in small timeframe along with RSI divergence. Breakdown is expected.
Intraday short trade can be taken on breakdown.
Good risk : reward.
Britannia: Good morning just startedA very conventional and safe bet for core PF.
Good breakout observed and continuation of trend giving confidence.
Keep an eye.
BRITANNIA TF 1DAY 3 PATTERN BREAKOUT HERE WE CAN SEE THE BRITANNIA CHART AT 1 DAY TF WE CAN CLEARLY SEE THE BREAKOUTS OF MULTIPE PATTERN AT SINGLE MOVEMENT LETS SEE HOW IT GOES BUT VUT IF VOLUME IS SUPPORTIVE WE WILL ENTRE
BRITANNIA FLAG PATTERN IN 30 MINS TIME FRAMEBRITANNIA GO WITH RANGE BREAKOUT
HIGH PROBABILITY OF GOING UP BECAUSE AFTER BREAKOUT IT TEST THE SUPPORT AND REBOUND WITH FULL SPEED.
BRITANNIA -Towards 3800 levelsBritannia saw a good move from 3370 levels, moved above its recent high around 3555, and then taking support at it by moving in a range from the past 5 trading sessions.
Now considering the recent price action, it looks like if it sustains 3500 levels, it could move towards 3800 very fast.
This is my personal view on the stock, please feel free to comment what's our view on Britannia.
