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nsquarre21

Bergerpaint looking for short term weakness

BERGER PAINTS IND (NSE:BERGEPAINT)  
nsquarre21 Updated   
NSE:BERGEPAINT   BERGER PAINTS IND
Support and Resistance Double Top or Bottom Moving Averages
3
0
supportandresistance doubletoporbottom movingaverage
For short to medium term : HH-HL formation was building up very well but with today's fall breaking below 19th April low HH-HL formation is breaking and there is a chance of turn around once again.
SL : 718 and target : 650
For Long term : for long term as well it looks weak at least till 600. after that one can start adding in positions.
Comment:
SL revised to 703
Comment:
SL revised to 685
Comment:
Trailing SL triggered. booked around 2.75% profit.
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