Wednesday, November 07, 2012

berger paints breakout 152.6

sudden spike seen in berger paints.. stock has nicely supported on 100 sma. we have to watch breakout level of 152.6 . stock is likely to move upwards very fast if it breaks this level... paints stocks has been very good for steady returns.. above 153 targets are 160, 168 & 175
buy the stock at current level 148, average it around 142 SL just below 137.