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.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.