Berger Paints - Possible investment opportunity

30 ม.ค. 2023

Key highlights:

- Sitting in the monthly demand zone
- Hovering around 200-week EMA since May 2022
- Can give a positive reaction if buyers turn up
- Possible bear trap in formation
- 100 month EMA is just below the demand zone
- Seems like a good investment opportunity

Monthly - 50 EMA and 100 EMA for reference


Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
Community Manager (India), TradingView

3 ส.ค. 2023

บันทึก

Analysis of the daily time frame.