Berger Paints - Elliot Wave - Long Term
Hi Friends,
Berger paints is settign up well basis on EW counts.
1. Retraced 50% in 4 of larger ongoing impulse.
2. R:R is very favourable for long term.
3. Targets for 5 is marked on the chart.
4. Safe entry near weekly close above 530.
Berger paints is settign up well basis on EW counts.
1. Retraced 50% in 4 of larger ongoing impulse.
2. R:R is very favourable for long term.
3. Targets for 5 is marked on the chart.
4. Safe entry near weekly close above 530.
Trade active
Technically, double bottom visible and good technical recovery. Might turn out to be a fresh impulse.Note
Near 0-B trendline, time to be cautious.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.