Novice_Chartist

Rising Wedge on Daily Chart

Short
Novice_Chartist Updated   
NSE:BERGEPAINT   BERGER PAINTS IND
A rising wedge can be observed on the daily charts. Until there is a confirmation of breakdown, don't get a premature entry into this trade. The targets are: T1 503; T2 481; T3 443. Stop Loss should be maintained at 565 if you decide to enter this trade early.
Trade active:
Breakdown confirmed
Trade closed: target reached:
Target 2 has been achieved. Traders should book their profits or continue with a trailing stop loss.
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