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johntradingwick
Apr 23, 2023 6:42 PM

Berger Paints - Swing/Positional trade idea Long

NSE:BERGEPAINT1D
BERGER PAINTS INDNSE

Description

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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

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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.

Trend AnalysisSupply and DemandTrianglebergerpaints
Comments
kushalnit
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Nice Work
tksinha
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it may form Cup n Handle on reaching 630 -- may be IHnS
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