BRITANNIA | SHORT | SWING

أمس

BRITANNIA has been in a downtrend since 03rd Oct 2024. It broke the crucial long term trend line on 12th November 2024 and then tried to go retest that trend line. However, the stock has gotten rejected even before that trend line was tested and now we can clearly see it headed towards an intermediate trend line which has been in play since March 20222.

Those looking to play Swing, can take short position in Britannia and exit at a target of 4627 price level.