Berger Paints Target ATH Bullish BiasBullish Bias
Adhering the Trendline
Can be bought at CMP levels
Stop Loss near 548/549
Target of 597/598
If broken then 650 easily
Bergerpaints
Berger Paints Ready to Give Break OutBerger Paints is trading in strong uptrend in Monthly and Weekly Time Frames
It has already been bounced from Major Support Level and 20 Days Moving Average. RSI also took support at 60 Level.
Today it broke the Previous Swing High of 581.95 and made the intraday high of 583.10. Now if it breaks the level of 584 then strong upside rally is expected to be seen
BERGERPAINT FUTURE INTRADAY VIEWBERGERPAINT FUTURE (CMP-572.05) Strong Support Near @565. if hold this level then go long for levels -572/581/588.
View negated Below - 559.
LONG BERGEPAINT AT CURRENT LEVEL TARGET 610-625 IN 8-12 SESSIONBERGEPAINT GIVES BREAKOUT AND IS TRADING STRONGLY, IT HAS SUCCESSFULLY CROSSED THE SUPPLY ZONE AND NOW TRADING ABOVE THAT.
PRICE ACTION SHOWS TARGETS ARE OPEN FOR 610-625 IN COMING DAYS.
Berger paints chart sructure looks goodberger paints
charts looking good
trading above both 21 & 50 EMA
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
Simplest Trade. go long on berger paint bindasss!Berger paint broke the triangle on friday and corrected itself today. now can easily go long with stop loss. trade wisely on your risk.
Disclaimer: For educational purpose.
Follow me for more ideas.
also on Insta: @tigertrader25
Berger Paints - Look out for another breakoutBerger Paints had power move last day but ended at a consolidation between 554-558
you can expect a retrace back to the line. Also look into my analysis on asian paints and follow both stocks to know the clear trend paint industry is going to.
Beware : Please keep in mind and stay away from False Movements
Also this is not any recommendation, This is only for educational purpose.
Trade at your own risk.
Berger paint stock to test the retest or retracementWe have seen the chart of berger paint has clearly given the good Bo above the 550 level & closing of the stock is also above the same. Now at this point every one saying stock is bullish & must buying candidate for upcoming session. but as per technical analysis & considering various indicators tools we will not chase the stock to buy this higher price. Also buying at this level increase our risk as compare to reward. if you watch the 15 minutes time frame a lot of indecisive candles has been seen. Hence expecting the stock to take retest between the area of 535-540. Buying level of the stock between 535-540 for the next target level of 575 with the SL of 525. lets see how market & stock behave in next session. please add the stock in your watch list to see the price action movement of the stock. kindly consider always high probability trades.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the free trading ideas performance sheet for the month of July-2020
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Berger paint Long Break is about to happen in a week. All the Points of why the trade makes sense i included in the chart. Also, the earning report is due, that will decide the rebound or the breakout of the stock.
Burger Paint BUY or SELL ? Detailed Analysis !Hii Guys
This is your friend KANISHK
Watch this video till the end, because i have told a very important part (strategy) of my trading technique.
I have discusses everything for burger paint and cleared the view that, do we have to buy this stock or not?
Please follow all the steps discussed in the video and then take your decision after confirming the trend.
Target 550
Stop loss: Below the previous swing
and ride the trade till the target get achieve.
ENJOY YOUR TRADE
THANKS
This was KANISHK (8954002500)
Signing Off
Berger Paint Trade setup for Tuesday 28th July 2020Berger paints is looking for breakout in daily time frame. Although it is bearish in 30 minutes and 1 hour time frame with a hammer candle. We will look for buying opportunity above the orange line or any bullish candle in 30 minutes time frame. 1st target 10 points and 2nd target is also 10 points above the orange line.
Stock of berger paint is at BO levelStock of the berger paint has shown the good strength & buying .Above the level of 521 we can take the entry for the target level of 530. Again if we got another BO after the trend line broken than the next target level is 550. So add the stock in your watch list for price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Berger Paint Long positional BuyHiii this is trader kanishk
here we saw a prefect breakout of flag pattern of ASCENDING TRIANGLE Pattern
second. there is a retracement on lower time frame which we consider as an opportunity.
i've drawn an trendline . After breakout i am going to buy this.
i am not recommending you, i am just sharing my analysis here.
BERGER PAINT Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
