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BERGERPAINT: Likely to form Reversed Head & Shoulder Pattern
BERGER PAINTS (I) LTD
Long
BERGERPAINT: Likely to form Reversed Head & Shoulder Pattern
By paras0408
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Oct 6, 2023
1
Oct 6, 2023
Berger Paint likely to form Head & Shoulder Pattern.
Wait for breakout from 675 level if you are safe investor.
Risky investor can enter at current level 565 to get more gain.
#Current Price - 565
#Expected Target - 900
#Resistance Based Targets
- Target 1 - 712
- Target 2 - 900
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 563
- Target 2 - 524
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
bergerpaint
bergerpaintanalysis
head_and_shoulder
Head and Shoulders
reverseheadnshoulder
paras0408
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