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Berger Paints Short Term Breakout

Long
NSE:BERGEPAINT   BERGER PAINTS IND
The stock has broken out and took support at the previously upper trendline. Trade is supported by brokerage calls, 200 EMA , and Supports Nearby.
The stock has previously broken out with good volumes and retested the upper trendline, the point of entry.
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zones, 200 EMA , and previously upper & lower Trendlines . Target is placed near the all-time high based on fundamentals.

Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.