DevabratAcharya

Bergerpaint : Fresh Colors & a Cup of Tea

DevabratAcharya Updated   
NSE:BERGEPAINT   BERGER PAINTS IND
Technical Analysis

Chart type: Daily
Chart Pattern : Cup and Handle
RSI: Above 50
Price: Above 20 & below 200 SMA

The chart pattern is a cup and handle, and the price is close to breaking out, which is a good sign. However, the price is currently below the 200-day moving average. This suggests that there is a possibility that the price may not move soon, but instead slowly move up.
Comment:
625 : Achieved !
Comment:
640 : Achieved !
Trade closed: target reached:
652 : Achieved !

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