Britannia has given nearly 100% return from March lows and currently is trading in weekly resistance zone of 3400 - 3800 levels.
Friday closing isn't looking good, any close below 3400 lvls would mean the rally is over at least for Britannia.
MACD is also not really looking good as well, it is consolidating sideways while the price has been rising.
Watchout FMCG sector -- the party seems to be over !!
Friday closing isn't looking good, any close below 3400 lvls would mean the rally is over at least for Britannia.
MACD is also not really looking good as well, it is consolidating sideways while the price has been rising.
Watchout FMCG sector -- the party seems to be over !!
