BERGER PAINT - FUTURE TRADING IDEA ON LONG SIDESymbol - BERGEPAINT
BERGEPAINT is currently trading at 491
I'm seeing a trading opportunity on buy side.
Buying BERGEPAINT Futures at 491
I will add more long position at 480, if comes.
Holding with SL of 470
Targets I'm expecting are 512 - 525 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Bergerpaintslong
Berger Paints cmp 618 by Weekly Chart viewsBerger Paints cmp 618 by Weekly Chart views
- Bullish W pattern followed by the Bullish Rounding Bottom by neckline at Resistance Zone
- Price closure needs to sustain above Resistance Zone to provide fresh upside breakout unlike false breakout of February 2024
Buy Berger Paints For Short Term Hello Everyone I am Mr.sardar, Here is my Analysis about Berger Paints Share . To Get 7% Return With in Two months Now You can buy it. 🚫 This analysis only for Educational purpose 🚫
💶Buy Berger Paints Share at the price of 614
🎯Target of 657
🚫 Do Not Use Stoploss
🙏 If It is Helpfull For You Please Do a Comment " Helpfull"
Berger Paints - Short Term Buy - 26/4/2022Hi,
This is a daily chart of Berger Paints.
It looks good for a short term.
It Looks a good buy above 725.50, with a SL of 712.50 and target of 745 and 770.
The current TF Macd is strong and is giving a buy. Its above Zero line.
Although the weekly MACD is below zero line, but it has given a crossover, so longs can be initiated for short term.
Rsi is above 50, another positive aspect.
Risk reward is also good, high probablity it will touch 770 in coming days.
Currently finding support at the Lower channel and high probablity it will touch upper channel in coming days.
Disc : Educational Purpose only
Neo
Simple Trade Setup | BERGER PAINT | 27-04-2022 [INTRADAY]NSE:BERGEPAINT
Trade Setup for 27-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BERGER PAINTS MID-TERM SWING TRADE!Hi everyone, Berger paints mid term swing trade consider buy above: 768, target: 835, stoploss: 752.
LOGIC BEHIND TRADE: Stock has bounced from it`s daily support & formed (W) pattern and given breakout of it`s resistance & buying on pull back is idea and makes RR good, if sustain above 835 can go upto all time high (targets identified from harmonic xabcd pattern level 1.272/1.618) stoploss is taken low of neckline resistance candle. NSE:BERGEPAINT
Berger Paints Ltd - 31.12.2021Berger Paints Ltd - 31.12.2021
The stock is trading @ 771 levels
There is a Resistance Zone @ 781 levels
There is a SPINNING TOP in daily chart
The prices are above ema
Hammer is taken off by a long white candle in weekly chart
Let the prices go above 783
watch out for the price action
Simple Trade Setup | BERGERPAINT | 27-09-2021NSE:BERGEPAINT
Observations:
1) On Daily Time frame, it has been taking suspport from 100DMA and broke 50DMA with good bullish candle and good volume on 24-09-2021.
Major resistance is at 840 level. If it holds to stay above it then it will be bullish for short-mid term.
Please refer below chart : Daily time frame.
2) On 30min time frame, it has made breakout of rounding bottom.
Please refer below chart : 30 min time frame.
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Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | BERGEPAINT | 06-09-2021NSE:BERGEPAINT
Observations:
1)On 1hr Time frame It gave breakout of rounding bottom pattern. Critical support level is 825. For the good upmove it has to give breakout of 840 level.
Please refer below chart : 1 hr time frame.
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For POSITIONAL long trade one can take long position from CMP as far as it is trading above 820 level. SL will be 811 and target will be 880/890.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
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Hope I made it easy to understand it.
Do comment your doubt or suggestion.