Britannia Industries - Lost momentum

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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

Feragatname

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