Britannia - Looking good for a swing trade
Updated
Key highlights:
1. Bounced off daily demand zone in December
2. Change in market structure
3. Overhead resistance from 200MA cluster
4. Inside bar pattern formation
5. Currently sitting at 0.618 Fibonacci level of the last swing
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
NSE Certified Technical & Fundamental Analyst
1. Bounced off daily demand zone in December
2. Change in market structure
3. Overhead resistance from 200MA cluster
4. Inside bar pattern formation
5. Currently sitting at 0.618 Fibonacci level of the last swing
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
NSE Certified Technical & Fundamental Analyst
Trade active
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
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Disclaimer
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