Britannia Industries - Lost momentum
Stock after strong downtrend has lost its momentum
While falling it made new resistances for itself near 5085 - 5115 and also at 4970 - 5015
Downside it has got strong support area in weekly and daily so will hover side ways for few days maybe
Downside it has got hourly support areas at 4880 - 4895 and also from 4780 - 4810
Good straddle / strangle opportunity can be created in the stock with right IV
While falling it made new resistances for itself near 5085 - 5115 and also at 4970 - 5015
Downside it has got strong support area in weekly and daily so will hover side ways for few days maybe
Downside it has got hourly support areas at 4880 - 4895 and also from 4780 - 4810
Good straddle / strangle opportunity can be created in the stock with right IV
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.