varadtambolkar

Britannia looks weak

Short
NSE:BRITANNIA   BRITANNIA INDS
All observations on hart, refer previous idea.

if it breaks down, then we can say this is a distribution phase.

200 EMA is around 2864, can even touch this level as per mean reversion.
on daily already below 200 EMA . New low below 200 EMA on daily can trigger a sharp move.

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