Berger Paints (I) Ltd.
*Berger Paints (I) Ltd.*
P&F on Decadal Basis.
*W* on Yearly Basis.
Strong upward Price BreakOut Sustained.
Strong Vol. Consolidation. Continued traction required.
RSI: 1H>D>W>M
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 on Monthly Basis.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
1) Stable / Falling Crude prices in light of Libyan/Iraq oil flow. Muted / Slowing Chinese economy leading to lower demand higher supply. This will be Margin Accretive for Crude based products manufacturers.
2) Increasing RE / Replacement demand additional+ve factor.
*This is an Opinion. Do Your Own Research.*
*_Happy Investing_*🤓
P&F on Decadal Basis.
*W* on Yearly Basis.
Strong upward Price BreakOut Sustained.
Strong Vol. Consolidation. Continued traction required.
RSI: 1H>D>W>M
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 on Monthly Basis.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
1) Stable / Falling Crude prices in light of Libyan/Iraq oil flow. Muted / Slowing Chinese economy leading to lower demand higher supply. This will be Margin Accretive for Crude based products manufacturers.
2) Increasing RE / Replacement demand additional+ve factor.
*This is an Opinion. Do Your Own Research.*
*_Happy Investing_*🤓
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.