BERGER PAINTS – Short Term Trading View

BERGER PAINTS – Short Term Trading View

This stock was a late entrant in paints sector stocks rally and has been doing solo performance since other stocks in the sector has already been at their almost peak valuation. This stock is also in our hyped 'buy on dips' list which is our core strategy in any uptrending market. CMP is around 320, while stock has made recent life high of around 350. Going long in an uptrending stock in an uptrending market (both making new life highs) is a good combination strategy. Also, using call option gives you more strength and margin of safety.  

Become member for complete analysis with charts. Trading analysis is based 80% on technical analysis and 20% on fundamental analysis along with news flow impacts.

The given views are subject to change depending on changing market, sector, individual company and global economic conditions. Become member to benefit from market and individual stock moves. Become member to get complete analysis, and alerts for buy and sell with targets.

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