dravya

BERGER PAINTS - For Long-term Investment

Long
NSE:BERGEPAINT   BERGER PAINTS IND
NSE:BERGEPAINT

From around 10 in 2008,
the stock has shown a very steady trendline to around 260 in 2016;
returning 2500% in 8 years.

Now we see, that the stock is falling below such a significant trendline.

Long-term investors can look to enter the stock at ;

1. when the monthly closing is above the trendline.
2. if at all, it reaches the blue line, it would be very attractive to buy.