Britannia seems to have formed a double TOP with negative diversion on RSI (weekly ) 1. Daily Price is below 20 SMA 2. can be a good Short trade with SL above 5050 for a swing target of 4650 - 4530 3. Harmonic Pattern with PRZ on 5037 levels
I am not an expert I just share interesting charts here. Please seek expert opinion before investing or trading because trading in share market is subject to market risks
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TGT 1 ACHIEVED NOW TRAIL WITH SL ABOVE 4650
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TGT 2 ALSO ALMOST ACHIEVED AS STOCK MADE A LOW OF 4531.30. Now one can continue with short with strict trailing stop loss as trade is already 400+ points in the money. Trail according to your risk appetite because music can stop anytime
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Trade closed from my side
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target 2 also achieved at price below 4500. One can now trail for further low with trailing Stop loss above 4550
Trade fechado: objetivo atingido
trade closed on 13-08-2023 now waiting for reversal
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