Refer to chat for levels Pivot point support /resitance - Wait for breakage after 548 to have good down trend * Education purpose only
IT SEEMS IT SUPPORTS BULL FLAGS REALLY GOOD 4 FLAGS ARE COMPLETED NOW 5TH IS GETTING READY MAKE SURE LOWER LINE NOT BROKEN ON CLOSING BASIS NOTE: TRADE AT YOUR OWN RISK
AS SHOWN WITH YELLOW CIRCLES STOCK HAS BEEN REJECTED 3 TIMES BEFORE NOW IT IS HEADED AGAIN TOWARDS TREND LINE TO GET REJECTED AGAIN SO TARGET IS MARKED WITH ARROW STOP LOSS IS 513 ONLY NOTE: TRADE AT YOUR OWN RISK
Berger paints is spending too much time on extremes zones on RSI. The momentum hasn't been impressive and strong to break above the 60 levels. If the prices aren't able to break through it in a session or too it will result into a "momentum puncture" which will lead to corrections in the stock.
The meteoric rise that we have witnessed over the past two months in this counter by 80% has been nothing short of a spectacle. However, now it looks like the paint is beginning to loose its sheen and the formation of bearish harami with a trendline breakdown is hinting at a potential reversal to the downside. The momentum indicator RSI is clearly signaling serial...
BERGEPAINT (Berger Paints India Ltd) BUY ABOVE 490
BERGEPAINT (Berger Paints India Ltd) BUY ABOVE 440
Hare Krishna ! The post is to give my personal bias on the stock movement for the coming week. The stocks have gone through a thorough filtration The post gives one of the most important needs of a trader ie- the "Direction" . One can buy or sell based on his or her own strategy/use my method. For more info on my method you can send me a message. Good...
#Consolidated for 04 weeks (09 Aug to 11 Sep) in the 358-370 range. Break above 371, we can see quick 380/390...!!! view negated if tomorrow opening is below today low (364). Invite views.
Berger Paints has been consolidating in the form of a triangle ever single its long uptrend phase. This triangle now appears to be broken. It certainly looks like a good time to join the 'LONG' ride!
BERGER PAINTS (Berger Paints India Ltd) BUY ABOVE 336
buy closing above 340 for target 380,400
BERGER PAINTS (Berger Paints India Ltd) BUY ABOVE 320
Intraday Trade Idea - BergerPaint Trade Plan as mentioned in chart
Hello Berger has been top performer over a period of time. As of now we are looking at berger paints to five some correction @ 310-315 levels.