Britannia: Triangle pattern breakout! Short

BRITANNIA INDSNSE

Description

⋅ May 4, 2019 4:26 AM

Britannia industries has finally broken out its months of triangle consolidation.
It appears to have broken this out on the SHORT SIDE.

After a confirmation of the breakout, its going to be a nice and SHORT ride :)

Trade active

⋅ May 7, 2019 4:09 AM

Comments

ShreeGanesh_1991

⋅ May 4, 2019 4:50 PM

Its the beginning of the month, We can say a breakout at the end of the month. I think its going to test the trendine i.e. 2870 level

ShreeGanesh_1991

⋅ May 4, 2019 4:54 PM

@ShreeGanesh_1991, My bad, I thought its a monthly chart. :) Yes its a weekly breakout.

StockShaala

⋅ May 5, 2019 3:23 AM

@ShreeGanesh_1991, Indeed its a weekly chart and Its broken out well on the weekly! Thanks for speaking your mind out with us :)