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tinunahata001

BERGERPAINTS Analysis

Short
BERGER PAINTS IND (NSE:BERGEPAINT)  
tinunahata001  
NSE:BERGEPAINT   BERGER PAINTS IND
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Reasons to trade: 1."M" like Pattern around 840-850 levels and then a huge breakdown
2. ST and MT Outlook: Short Buildup
3. Below 200EMA
4. Weekly all pivot levels broken
5. Both FII and DII have reduced their holdings on September quarter

Zone to watch out for: 725-736
Downside Target: 700-705
Above 736 don't trade
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