BRITANNIA INDUSTRIES LTD
Long
Updated

Britannia nears support. Massive up-move potential.

839
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.
Note
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 -
BRITANNIA - Next support at around 4280. Opportunity to enter.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.