Berger paints - HOLD or Sell

[kesavan100]

Guys,

Can anyone update me the current support and resistance levels for BERGER

Thanks

 

[kesavan100]

Re: CALS Refineries - Investment advice

Hi Team,

Can anyone write me the fundamentals of this company in brief. I am looking to invest some 50K in this.

Please advice whether this is the right time to invest.

Regards,
K7

 

[bunny]

Its in a trading trading between 63 and 53. So as of now, 53 is a support and 63 is a resistance.

In the last session(04 DEC 2009), you can see some volume spurt which is accompanied by similar spurt in spread, with the bat closing on the high. If such health volumes and spreads persist for 2 or 3 coming sessions, you can expect a big move, either below 53 or above 63. You will have to keep a close eye on volumes. Before going up through 63, it is likely to test levels around 53 or 55 again.

 

[kesavan100]

On 11th Dec, this stock is touched HIGH 64.85 and closed at 63.30

Total volumes 16,82,714. It looks like this is very good volume and expected to move UP wards from here.

Please share your view