Technical Analysis of Indian Equities by Nooresh

Berger Paints – Nice Range Breakout. Heading to 180



Berger Paints


A nice 25-30 point range broken gives an upside to
180 in short to medium term.


Technically some may call it a triangle or a channel or a cup and handle but in classical technicals we look at its in simpler terms a breakout which has upside of 25-30 points whichever pattern you try to name it.


Disclosure: Have recommended at 156 and booking partial profits.


A dip to 155-158 would be a point of re-entry for us.



BANGALORE – January 12-13.

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Article by Nooresh Merani

Nooresh has written 2800 articles.

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