Tron029

BERGER PAINTS Clean Breakout

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NSE:BERGEPAINT   BERGER PAINTS IND
The idea here is about TECH MAHINDRA

Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:

1. Crab Pattern Completed on a weekly chart.
2. Break out of Downtrend channel with good Volume.
3.Trading way above 20 EMA on weekly chart.
4. MACD over Signal line on weekly chart .
5. RSI is at 56.80 on a weekly Chart.
6. May retest the break out point and wait for reconfirmation to enter.
7. Hull Moving Average is a Buy Signal on a weekly chart.

Targets : Estimates based on Crab pattern provided on the chart for reference.

Disclaimer: “The above is an idea only and not any kind of financial advice. So please do your own DD (Due Diligence) before any kind of investment”.

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Cheers.
交易手动结束:
Idea Updated and Typo Error Corrected.

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