DSIJ Mindshare

The stock has formed a doji candle on the weekly scale. A doji is formed when the opening price and closing price are equal. If the doji occurs alone, it is a signal that there is indecision and must not be ignored.

The stock had formed Dark Cloud Cover candlestick pattern on the daily scale. The Dark Cloud Cover is a bearish reversal candlestick pattern.

Following global cues, Indian benchmark indices tanked in the early morning session on Monday. As indicated in our market opening article this morning, BSE Sensex and Nifty tracked the global indices to dip more than 360 points and 104 points, respectively.

Britannia Industries was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Overall volumes in futures & options currently stand at 1.31 crore contracts with a turnover of Rs. 8,95,226.20 crore.