BUY BERGER PAINTSBUY BERGEPAINT IN CASH/FUT CMP 807 SL 784 TGT 970 (2-3 MONTHS)
(BREAKOUT ABOVE 823 GOOD CONSOLIDATION HAPPENING)
Bergerpaints
Beautiful short trading position can be noticedSo, get ready for booking profits as this short trade is superbly set and is supported by RBI's bubble in equity market news
$ASIANPAINT - Amazing Breakout from rounding bottom pattern- $ASIANPAINT shown a good breakout with volumes at 2880 levels
- Many paint stocks have gained momentum
- Breakout of a rounding bottom pattern
- Entry levels can be made afte a retest to 2880-2900 with a stoploss of 2730
- May show some bullish behaviour initially but may lose some momentum afterwards
* Only for educational purposes
POTENTIAL BREAKOUT - BERGER PAINTSBerger Paints Quarter results will be out tomorrow. Like Asian Paints, I am expecting good results. If it goes right, we might see the share going upside of 900, otherwise it might settle for 730 range. RSI is overbought now, so I am expecting a little dip before the rally.
BERGER PAINTSLook at every minute detail marked in the chart.
If BERGEPAINT starts trading above 727.25 then we can have our targets as the green lines 733, 742 and 753. If it breaks the resistance of 770.15 then we can soon see a new lifetime high.
If we still see consolidation then the stock can be seen trading within the end of triangle.
A Bearish moves is very unlikely to happen here but even if it does then a strong support is there at 706 and 697.
Below 697 the stock can move further down.
You can always do back testings on Day/Week/5min charts as per your experience and track the Bank results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.
Berger PaintsBerger Paint - Cmp 752.75
Triangular breakout candidate with good volumes. Looks good for long position. Possible targets of 773/820 and support levels are marked on the chart.
BERGERPAINT Analysis- Buy Uptrend ResumedBERGERPAINT
Buy -Above 775
SL- 750
Target- 800 825 850 875 900
Always use alerts for trading.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Also check the below related ideas for other stocks.
BERGERPAINT - SYMMETRICAL TRIANGLEA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Big Potential Move In Berger Paints. The silent stock from paint industry i.e. Berger paints is almost ready to boost like a rocket. It has formed an triangle chart on daily time frame and just check the volume on 14-05-2021. A potential big move can be seen and target is clearly marked on the chart with purple rectangle for further reference.
BERGERPAINT - Buy For long term investmentBergerpaint is the second best paint company to invest after asian paints. It has a strong fundamentals and poised for more growth in future.
Berger Paints - Symmetrical triangleBerger Paints is making a symmetrical triangle pattern and chances of making an upside move is more likely as the market is totally bullish. Buy above 722 with the target of upper trendline.
BERGER PAINT as market is in demand for reality sector ...and many more festivals are on way so demand of any paint is high . One of this is berger paint .
You can go for Long and if market is in positive mood .. it will gain almost 50+ points . & you can do Intra trade as per your skill and risk.
# WATCH MARKET IF ITS IN POSTIVE THEN HOLD , OTHER WISE GO FOR INTRADAY .
BUY AFTER CROSSING - 764
1 TRGT - 774
2 TRGT - 792
3 TRGT - 810
STOP LOSS - 750 & 743 (ALWAYS USE STOP LOSS)
BERGER PAINT EQUITY Levels...30/03/2021 (D Candle)BERGER PAINT EQUITY Levels...30/03/2021 (D Candle)
