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dravya
Jan 20, 2017 4:22 PM

BERGER PAINTS - For Long-term Investment Long

BERGER PAINTS INDNSE

Description

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.
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