Berger Paints: Pattern Formation — Is This the Breakout

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This is the daily timeframe chart of Berger Paint.

The stock is moving within a well-defined channel and has formed a Cup & Handle pattern inside the structure.

If the pattern continues to hold and the price stays above ₹500, the pattern remains valid.

A breakout above the resistance may trigger potential upside targets of ₹766 and ₹866.

However, if the price fails and breaks below this zone, the stock may decline toward the channel support near ₹400.

Thank you.

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