paras0408

BERGERPAINT: Likely to form Reversed Head & Shoulder Pattern

Long
NSE:BERGEPAINT   BERGER PAINTS IND
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.

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