Company Website
britannia.co.in
Presence in more than 60+ countries across the globe
Top 3 FMCG giant India
Ex RBI Governor Urjit Patel is the Additional Director of board.
Sales are flat/ slow riser, cash flow has 4x'd in 5 years = looking at small expansions in Africa, one of the areas it sells along with the Middle East, Nepal
No pledged shares, net debt...
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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BRITANNIA
Daily : Stock is in uptrend.
15 min : stock is in range.
*Wait for the range breakout and we could see an upside movement.
THANK YOU !!!!
02-12
Daily chart of BRITANNIA1!
LTP: 4417.75
There is a clear bearish divergence in RSI.
The candles are now resisting the highs.
The gap between 200 EMA and the candles is not healthy.
Aggressive traders can go short and safe traders can wait for 4200 levels to buy on dips.
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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BRITANNIA
Daily : Stock is in uptrend.
15 min : It has broken Descending channel and has currently made falling wedge.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
BRITANNIA
Daily : Stock is in uptrend.
15 min : It has broken Descending channel and it is recently at retesting level.
*Wait for the proper retestt and we could see an upside movement.
THANK YOU !!!!
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
BRITANNIA
It is in uptrend on daily and in 15 min it has broken "Falling Wedge Pattern".
Now wait for the recent Swing to cross and then when it retest that level, we could see an upside...
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
BRITANNIA is in uptrend on daily and in 1 hour it has made Descending Channel now on breakout it could show upside movement. Thank you !
NSE:BRITANNIA long time consolidation breaks upside resistance.
My entry point is 3800, will hold till 4150. (following stoploss trial)
My stop loss will 3700 (100 points only)
Note: This is my personal analysis, only for learning.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Britannia is taking support from its crucial levels.
It's respecting these levels since June 2020.
Reward to risk is 3.9:1. Very favourable.
If it breaks the support zone, we can go short. Target has been marked with a red horizontal line.
Simple and straight forward analysis.
Let me know in how to went in the comments.
