BERGER PAINTS (I) LTD
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Berger paint stock on bullish mode.

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On all TFs Stock is moving above the 50 EMA level & in uptrend. We will wait for the break out level @ 522. After the breakout level entry can be taken for long as per target level given of 580. But level of 545 is crucial, We have seen minor resistance if this successfully cross then stock will move very fast. Also on daily TF double bottom pattern formation can be seen.

Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
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Waiting for the levels.
bergerpaintsChart PatternseducationalstocktradingTrend Analysis

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