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.
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.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.