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
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.