BERGER PAINTS (I) LTDДлинная
TWO GOLDEN CROSSES - WAITING TO FLY ?
Stock is looking poised for an up move. Current consolidation is looking good. Market is holding at higher levels
Key parameters to consider
2 Entry point are marked on the charts for aggressive and conservative traders/investors
2 Target levels are marked on the charts
Trail your targets as per your Risk-2-Rewards appetite.
This is my analysis and not any recommendation to entry in any trade. Invest wisely and with proper analysis and guidance.
Key parameters to consider
EMA crossover - Golden cross is completed follow by consolidated
Breakout from Long Term Downtrend line
Formation of a short Term Uptrend line
Golden Cross completed between the LT and ST trendlines
Stock is resting at crucial Resistance turned Support Levels
2 Entry point are marked on the charts for aggressive and conservative traders/investors
2 Target levels are marked on the charts
Trail your targets as per your Risk-2-Rewards appetite.
This is my analysis and not any recommendation to entry in any trade. Invest wisely and with proper analysis and guidance.
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