BRITANNIA To Get Bitter For Bulls? Down Time Is Coming Soon.

Britannia Industries Ltd (NSE: BRITANNIA) is about to trigger Bearish Move as per TTC Breakout Formation. The Critical Make-Or-Break Zone is at around 4580. If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers.

For Short-term targets, Trader should eye on 4500 Zone. Then 4390 and 4290 are the next support. For Swing Traders, 3981 Zone is Very Critical. Below which we can see a good amount of selling.

Britannia Industries Limited (A WADIA Enterprise) is an Indian food-products corporation based in Bengaluru, India. It sells its Britannia and Tiger brands of biscuit throughout India. Britannia has an estimated market share of 38%. The Company's principal activity is the manufacture and sale of biscuits, bread, rusk, cakes and dairy products.