BERGER PAINT IND. SHORT Currently price is 531.20 i believe this stock may correct by (2.5-16.50%) all the levels are given in chart it was clear in that. as you can see the price is stuck in side ways from Jan 24 - mid Apr 24 (range is 243-276) now this has broken the support of 243 and will lead in falling more than 2.5 % this analysis is for educational purpose only.
Risky short only if you have multiple longs, use this as a hedge Stock is underperforming on both weekly and daily charts Price facing rejection from ST 10.2 Trade for 1 R SL is must Only Half qty compared to longs
BERGEPAINT appears to be within the buying range, and if the price decreases, I will consider acquiring more. I have set a 1:2 risk to reward ratio for the initial profit level, and I intend to hold onto the investment as long as the price continues to rise. It will be interesting to observe the price movement. I am not SEBI registered. The information provided...
Allocation 1% Sector : Chemical Industry : Paint Most probably monthly low will sweep and upmove will start
BUY BERGEPAINT Entry 587 Target - 627 to 656 Stoploss - 561 Stock has closed on higher side compare to last 2 weeks trading day. Also stock has traded with higher volume. Thus stock recommended to buy on level mentioned above
#Bergerpaint cash -Positional call 29 fEB 2024 Looks good above 621 and dips 580-600 SL 550 Target 720/770 Cmp 606.70
There is no guarantee in stock market and Nothing over week STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS) Berger Paints Ind Target: RS 638 CMP: RS 606.70 ENTRY RANGE: 600-613 STOP LOSS: RS 560 Disclaimer: I am not Sebi Registered.
NSE: BERGEPAINT is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 10% to 15% gain on...
Berger Paints📈📚 #TrendX #Masterclass #Assignment Berger Paints has surpassed the upper trendline resistance of a triangle. RSI is moving in sync with the price and has given a trendline breakout. Key MAs have formed a bullish Crossover on daily chart. The price is now sustaining above its 20 EMA. All these observations are seen in the daily time frame....
Quick Scalping for a 15 points long target. Price is at support level, attempting breakout of down trendline break in shorter TF. 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 TradingView
Berger Paints (i) Limited Berger Paints Ltd is an Indian multinational paint company, based in Kolkata. This company has 16 manufacturing units in India, 2 in Nepal, 1 each in Poland and Russia. It has manufacturing units at Howrah and Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry and Udyognagar.
CMP 582.70 SELLING ZONE 595-90 SL 602 TGTs 563/41/33 (Positional View)
entry above the line stop below the line consolidation breakout on daily time frame
Berger- 8 ka funda <300 1) Nice COnsolidation 2) Lets see if it could give more than 5 % within 5 days.
Bergepaint is trading near resistance zone and we saw a sell-off in past from these levels. Short trade can be taken in Bergepaint and refer to green lines marked on the chart for targets, trade will be valid until top red line is intact on the upper side. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
The stock could not rally beyond 38.2% is a sign of weakness. It has been consolidating between 590 and 570 for days now. Below 570 we should see 540 and 502
Berger paints breakdown from "symmetrical triangle" chart pattern in daily time-frame. I am expecting huge downside rally after a retrace till Rs 591 (which also translates to 1:6 Risk Reward). I am planning to go SHORT at 725-730 Levels (but not before 3:00 PM), wicks at the top of daily candle tomorrow will add extra confirmation to our trade. Entry 725-730 SL...
Berger Paint is expecting a movement to the upside. Target reaching at 800