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Berger Paints - Swing/Positional trade idea

Long
BERGER PAINTS IND (NSE:BERGEPAINT)  
johntradingwick Updated   
NSE:BERGEPAINT   BERGER PAINTS IND
Trend Analysis Supply and Demand Triangle bergerpaints
27
2
trendanalysis supplyanddemand triangle bergerpaints
Key highlights:

- Possible selling climax in February.
- Shift in the market structure.
- Triangle formation.
- Daily demand zone at 550-565.
- May head towards 700 in Q3/Q4.

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Comment:
All targets have been hit in Q3. Good trade.

If it stays above 650 after pullback/pause, then it should head towards 800 over the next few months.

snapshot
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

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