Breakout Analysis:
Berger Paints (NSE: BERGEPAINT) has given a breakout from an Inverted Head & Shoulders pattern on the daily chart, indicating a potential bullish move ahead. The breakout level is around ₹509, which now acts as immediate support.
Trade Setup:
📈 Entry: ₹509 (Breakout Level)
🔹 Stop Loss: ₹487 (Below the right shoulder)
🎯 Targets:
Target 1: ₹520.45
Target 2: ₹530.60
Target 3: ₹542
Technical Observations:
✅ Volume confirmation on breakout.
✅ RSI moving above 60, indicating strong momentum.
✅ Price sustaining above key moving averages.
Disclaimer:
📌 This analysis is for educational purposes only and should not be considered financial advice. I am not a SEBI-registered advisor. Please do your own research and consult a financial professional before making any investment decisions. Trade wisely! 📊
Berger Paints (NSE: BERGEPAINT) has given a breakout from an Inverted Head & Shoulders pattern on the daily chart, indicating a potential bullish move ahead. The breakout level is around ₹509, which now acts as immediate support.
Trade Setup:
📈 Entry: ₹509 (Breakout Level)
🔹 Stop Loss: ₹487 (Below the right shoulder)
🎯 Targets:
Target 1: ₹520.45
Target 2: ₹530.60
Target 3: ₹542
Technical Observations:
✅ Volume confirmation on breakout.
✅ RSI moving above 60, indicating strong momentum.
✅ Price sustaining above key moving averages.
Disclaimer:
📌 This analysis is for educational purposes only and should not be considered financial advice. I am not a SEBI-registered advisor. Please do your own research and consult a financial professional before making any investment decisions. Trade wisely! 📊
交易進行
Target Completed.... ENjoy交易結束：目標達成
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