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MIRACLE2128

BERGERPAINT formed Pennant

Short
BERGER PAINTS IND (NSE:BERGEPAINT)  
MIRACLE2128 Updated   
NSE:BERGEPAINT   BERGER PAINTS IND
Trend Lines Chart Patterns Technical Indicators bergerpaints pennantpattern
5
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trendline chartpattern indicator bergerpaints pennantpattern
Berger Paint formed Pennant Pattern and now facing resistance at 200 Day EMA line (Blue in chart) and volumes are dried up..
Its Technical indicators also shows some weakness,
1) RSI crossing down its 100SMA,
2) Stochastic RSI shows bearish cross down
Comment:
give breakout upside..
we may bet it near 755-760 with small stoploss at 738 for targets of 799 and 810
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