Stock of the day : Britannia Industries Ltd For Target Rs. 90 - Religare Broking
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Britannia Industries Ltd
* We are seeing decent traction in FMCG pack and Britannia is trading in sync.
* Witnessed strong upward momentum after registering a breakout from brief consolidation.
* It has formed a fresh buying pivot holding above its short term moving averages suggests bullish tone to continue.
* We thus recommend creating long through the Call option.
BUY 5100 CE Britannia Industries Ltd CMP 42.40; Range 42-44; SL 18; Target 90
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SEBI Registration number is INZ000174330
