Berger paints is settign up well basis on EW counts. 1. Retraced 50% in 4 of larger ongoing impulse. 2. R:R is very favourable for long term. 3. Targets for 5 is marked on the chart. 4. Safe entry near weekly close above 530.
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Technically, double bottom visible and good technical recovery. Might turn out to be a fresh impulse.