Berger PaintOn Daily time frame we can see a Symmetrical triangle and awaiting a break out which can lead to a 12% move as per breakout rule of symmetrical triangle. Stock to be keep in radar just a view not a Reco...Longby gttsudhakarUpdated 3
BERGER PAINT - LONG TRADE IN FUTURESSymbol - BERGEPAINT BERGEPAINT is currently trading at 445 I'm seeing a trading opportunity on buy side. Buying BERGEPAINT Futures at 445 I will add more long position at 438, if comes. Holding with SL of 432 Targets I'm expecting are 462 - 475 & 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!Longby akshit_officialUpdated 7
Berger PaintsA triple bottom pattern on a candlestick chart is generally considered a bullish reversal signal, indicating a potential change from a downtrend to an uptrend. In the case of Berger Paints, the triple bottom is forming, we might consider it as a potential buy signal but wait for RSI breakout. If RSI reaches above RSI 35, we consider to place a buy order.Longby intekhab4u20
Berger Paints Bounces Back – Targets Within ReachHello everyone, i hope you all will be doing good in your life and your trading as well, Today i have brought very strong fundamentaly strong stock which is reversing from important support zone, Stock name is Berger paints and it is known for its wide range of decorative and industrial paints. Over the years, it has built a strong reputation for innovation, quality, and a robust distribution network. With increasing demand for premium and eco-friendly products, Berger is well-positioned for long-term growth. Let's discuss Technical and Fundamentals about this Gem stock: Technical Overview:- Berger Paints is sitting at a strong support zone around ₹425-450, a level that has consistently held during market corrections. It’s showing signs of recovery with the formation of a Morning Star pattern on the weekly chart—a bullish reversal signal. The immediate resistance lies around ₹500-550, with a medium-term target of ₹630+, where multiple resistances have been tested in the past. Fundamental Insights:- Solid Growth Story: Berger has consistently grown its revenues, thanks to strong demand in decorative paints and its expanding presence in rural and urban markets. Resilient Margins: Even with rising input costs, Berger has maintained steady profit margins, reflecting its operational strength and pricing power. Future Prospects: With urbanization on the rise and increasing preferences for high-quality paints, Berger is set to benefit from long-term industry trends. Market Cap ₹ 53,465 Cr. Current Price ₹ 459 High / Low ₹ 630 / 438 Stock P/E 46.6 Book Value ₹ 48.0 Dividend Yield 0.78 % ROCE 27.5 % ROE 23.5 % Face Value ₹ 1.00 Industry PE 46.6 Debt ₹ 797 Cr. EPS ₹ 9.82 Promoter holding 75.0 % Intrinsic Value ₹ 129 Return over 5years 1.09 % Debt to equity 0.14 Net profit ₹ 1,147 Cr. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.Longby TraderRahulPalUpdated 21
Potential Swing Long: Berger Paints Berger is on an important support zone, this zone is respected from Apr 2020, its also near its golden ratio zone of 0.618 levels. Currently its continuing the downtrend once the downtrend is broken and price gives a positive close, we can initiate a long above i.e 465 level. There is a unmitigated Order Block below so if the range is broken and price descends down we can take a new entry from the liquidity level once we get a positive closing. Early Entry can be initiated with a strict SL, if a traps occurs below accumulation phase we can increase quantity near unmitigated Order Block. Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingViewLongby DebasisTUpdated 6
Berger Paints - Do or Die Level@475Berger Paints at its crucial level - 475. Taking support at its Weekly trendline. Making Double Bottom on Daily Basis. Seems interesting setup to look into. Follow Discipline along with Position Sizing. Take due care of your money as it is hard earned and need due diligence before entering. Longby MomentumLovers113
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!Longby akshit_officialUpdated 7
BERGER PAINT - SWING TRADE ON SHORT SIDESymbol - BERGEPAINT BERGEPAINT is currently trading at 627 I'm seeing a trading opportunity on sell side. Shorting BERGEPAINT Futures at CMP 627 I will be adding more position if 635 comes & will hold with SL 643 Targets I'm expecting are 602 - 586 & below. 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!Shortby akshit_officialUpdated 9
Amazing breakout on Weekly TF - BERGERPAINTCheckout an amazing breakout happened in the stock in Weekly timeframe. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an upmove using MA or RSI breakout or any such analysis. The secret sauce is not revealed here that how I pick my stocks, however the idea is shared as an educational material. This will also help me to keep a track of my accuracy in doing analysis. Hence & also, I request anyone not to take any positions based on the accuracy of my previous feeds or moving forward. Checkout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. Catching the early birds in the stock market and not everyone (especially retail traders) can do it. The art is investing fixed amount equally in every stock and let the law of numbers work on compounding in the longer run, Example: 5000/- invested equally in all Bo stocks where out of 15 stocks only 1-2 stocks goes beyond -50% SL, where rest of the stocks flys like an eagle. The secret recipe is "Patience with correct study" and "Large diversification" and "TIME" The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!Longby Yoyohoneysingh930
Long Swing in Bergerpaint Guys a beautiful triangle pattern is being formed. Levels are marked on the chart. Treat stoploss on monthly closing basis Longby Abhishek24991
Berger Paints 1DKeep an eye on this stock as consolidating and can enter above breakout of recent levels of 629-630Longby vinitsugandh0
Head & Shoulder breakout in Berger PaintHead & Shoulder breakout in $NSE:BERGEPAINT. Probable target can be 620.Longby Shivaansh-BhardwajUpdated 2
Keep eye on Berger paintsBerger paint on breakout, First target is 665 and second 714 as per weekly chart Longby im_bull2
BERGER PAINTS : LONG POSITIONMonthly Trend - Up Weekly Trend - Up Daily trend - Up Closing Price above SMA 200 - Yes MACD Signal - Buying Cross over Buying Zone - Yes RSI - 76 Volume - Consolidated Price near 20 EMA - Yes Targets , Entry Point and Stop Loss as marked in the Chart.Longby chakraveer11042
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 2024by PIYUSHCHAVDA333
BERGER PAINTS 1HRINTRADAY / SWING TRADE - EARN WITH ME DAILY 10K-20K – BERGER PAINTS Looking good for Downside.. When it break level 595.50 and sustain.. it will go Downside... SELL @ 595.50 Target 1st 589.95 2nd 586.25 FNO BERGEPAINT SEP FUT – LOT 7 (Qty-9240) BERGEPAINT SEP 610 PE – LOT 7 (Qty-9240) – PRICE (21.70) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert.. Shortby Prashant019Updated 6
Buy Berger paints for a target of 620Buy Berger paints for a target of 620 in two months. Stock has reversed from strong support, looks bullishLongby mu88177
Berger Paints on radar!!!Berger paints is forming the inverted head and shoulder pattern on daily pattern and on the verge of breakout. If the price sustains above 560, the breakout will be considered. The positional target of the same shall be 660. The stop loss will be 500. Keep trading and sharing. Longby SauravAnand7
BERGER PAINT is ready to move 12-15 % AheadNSE:BERGEPAINT Date: 15/07/2024 Time Frame: 1D CMP: 547 Key Levels: 560 Support: 530 Resistance: 586 Bullish Outlook: Entry: Above 550 Add More: 535 Target: 560/586/600/640 Stop Loss: 514 Watch for price action around 560 to capture the bullish momentum.Longby ThirstyBull5
Still a good buyBerger Paints CMP 531.65 Investors I had pointed around the 440 zone that this correction is done. After that sharp rally this small dip is again offering u an opportunity.Longby singh17vivek1
Berger paint price has bounced back from the weekly DZBerger paint stock price has bounced back from the weekly demand zone (DZ), making it look like a good buying opportunity at the current market price. 1st Safe Target 550 Key Concepts: Demand Zone (DZ): A price range where buying interest is strong enough to prevent the price from falling further. This is often seen as a support area. Bounce Back: When the price moves up after hitting a support level.by anuragtrivedi0302Updated 5
Berger Paints - Elliot Wave - Long TermHi Friends, Berger paints is settign up well basis on EW counts. 1. Retraced 50% in 4 of larger ongoing impulse. 2. R:R is very favourable for long term. 3. Targets for 5 is marked on the chart. 4. Safe entry near weekly close above 530.Longby KunalSaxena10Updated 6
Bergerpaint Bullish ViewAs per Data analytics i see good accumulation in this stock as well its near weekly trendline support and seems it will bounce upside just a vie not a recoLongby gttsudhakarUpdated 2