FourSTechnicalAnalysis

TWO GOLDEN CROSSES - WAITING TO FLY ?

Panjang
NSE:BERGEPAINT   BERGER PAINTS IND
Stock is looking poised for an up move. Current consolidation is looking good. Market is holding at higher levels

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.

Penafian

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