mr-sky

Stock Analysis of Berger Paint

Long
NSE:BERGEPAINT   BERGER PAINTS IND
Price -647.75 Dt. - 27-11-2020

The stock is moving in a range from May. In the last trading session, the stock took support at 21DEMA and the support line which is placed at ₹638.65. If the stock opens in green then it can go up to the price level of ₹669.85.
Price bounce back after touching the 21DEMA line and occasionally the price breaks the 21DEMA line and goes till 50DEMA.

Buy - ₹648.5 and SL - 638.65 Target - ₹669.85.