Berger Paints - Elliot Wave - Long Term

Updated
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.
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.
Fundamental AnalysisTrend AnalysisWave Analysis

Also on:

Disclaimer