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GeetaDeshmukh
Jan 11, 2021 7:10 AM

Bearish divergence in Berger Paints Short

BERGER PAINTS INDNSE

Description

After a long bull run in Berger paints the stock is showing signs of underlying bearishness.
CCI is coming near 100 line showing bearish divergence with respect to price.
Rsi is also showing flat and diverging in the direction with respect to the price.
An increased VIX Implies greater Voltality in the markets.
A correction is expected Soon.
Trade with strict stoplosses.NSE:BERGEPAINT
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