BRITANNIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of BRITANNIA (Britannia Industries Ltd)

📊 Trend Overview

Status: Trending upward

Structure: Price is above both 50-DMA and 200-DMA, confirming a bullish bias.

52-week Index: 80.0% — strong relative performance, near yearly highs.

📈 Moving Averages

DMA 50: ₹5,823

DMA 200: ₹5,503

Current Price: ₹6,080

✅ Price is comfortably above both moving averages, reinforcing bullish momentum. These levels now act as support.

📉 Momentum Indicators

RSI (14-day): 60.2 — Bullish zone, with room to rise before overbought territory.

MACD: +143 — Strong bullish crossover, indicating continued upward momentum.

Volume: 2.7 lakh vs 1-week avg of 3.3 lakh — Slightly below average, suggesting mild caution on participation.

📊 Bollinger Bands

Price is near the upper band, indicating bullish momentum but also potential short-term volatility or a pause.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 5,823 50-DMA, immediate support

Support 2 5,700 Previous swing low

Resistance 1 6,150 Minor resistance zone

Resistance 2 6,300 Pre-breakout consolidation peak

Resistance 3 6,473 52-week high, major breakout level

🎯 Entry & Exit Zones

Optimal Entry: ₹5,850–₹5,950 range on pullback with volume confirmation.

Exit Zone: ₹6,300–₹6,450 for short-term traders; ₹6,500+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD is bullish, RSI is strong, and price is above key averages — suggesting continued momentum.

Slight dip in volume and quarterly profit (-4.23%) may lead to short-term consolidation.

Watch for breakout above ₹6,150 with volume surge to confirm trend continuation.

🧭 Summary

Trend: Bullish with breakout potential

Momentum: Strong; MACD and RSI support upside

Technical Rating: 4.2 — Constructive setup with short-term caution due to volume and resistance overhead

Would you like a comparison with peers like Nestlé India or ITC to assess FMCG sector rotation?

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