Berger Paint CUP and Handle formation .. Good to BUY

Berger Paints ( 568) is currently showing CUP and Handle pattern. It is undervalued ( fair value 780 ) and is available at discount of 200. It is maintaining a healthy dividend payout and 5 Years ROE @ 22%. Hence we find Berger Paints a good to have in portfolio which could give 30% return