Manabala

Berger Paints Target 700

Long
NSE:BERGEPAINT   BERGER PAINTS IND
CWH pattern was formed with a successful breakout with a target of 700. Now stock price has fallen after bonus issuance and Asian Paints news.

CWH pattern with neckline retest makes it much more attractive and gives another opportunity to enter.

Fundamentally, stock has posted highest ever numbers in revenue as well as profit in latest quarter.
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