PriceTimeSquare

BERGEPAINT | Bullish Possibility

Long
NSE:BERGEPAINT   BERGER PAINTS IND
BERGEPAINT | Bullish Possibility

  • The stock is trading in the zone of Cube number 729 | Last two consecutive days, closed near 729

  • Consolidating between Gann 1x1 and 2x1 angles since 9-Feb-2021

  • Vertically bounced from Gann support level 682 which coincides with Gann 1x1 angle

  • V-shaped reversal in RSI | RSI broken out above consolidation range

  • Bullish above 743 | Resistance levels : 771 / 791 / 813 / 841 / 871 / 907

  • Bearish below 664 | Support Levels : 625 / 582

Comment: Three consecutive days | Closed near Cube Number 729 | Getting ready.
Comment: Today's closure very near to Cube Number 729 | Closed just above 2x1 Gann Angle resistance.
Comment: Closing above 743 for the first time (since 5th March 2021). Did not breach bearish level (664) either.

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