nahso89

Britannia nears support. Massive up-move potential.

Long
nahso89 Updated   
NSE:BRITANNIA   BRITANNIA INDS
Britannia is close to its 12 month support. Provided it holds, there is a good potential for up-move. Risk to reward (1:4.5) is great.
Comment:
Nearing our stoploss (4457). Should have waited for support to sustain before getting into the trade.
Lets wait and watch. Monday will be crucial.
Trade closed: stop reached:
Updated analysis here -
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