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Berger Paints.. negative divergence
BERGER PAINTS (I) LTD
Short
Berger Paints.. negative divergence
By mklives
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Updated
Oct 18, 2019
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Oct 16, 2019
Berger Paints gave a stellar moveand is now tired at 480s.
forming negative divergence, short wil SL 488 cash orice,
the futures price is at a discount to the cash price, so trade accordingly
trgts 470 462 cash levels
Oct 16, 2019
Note
470 achieved.. hold for lower targets. short on rise..
Oct 18, 2019
Trade closed manually
SL hit, but its a short on rise. can test 495 500
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mklives
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