BERGEPAINT trade ideas
Double Rounding bottom in Berger Paints - Daily chartBerger makes a beautiful breakout after the double rounding bottom. This setup makes a good buy between the current levels and around 800.
BERGER PAINTS: Bullish Triangular waveBuy on dips near the level of 770 , keep sl of 740 and look for the target of 840/870's .
Long Berger PaintDouble rounding bottom breakout in Berger paints
Ideal entry is near 835, Target 865. SL 820
BERGEPAINT - Keep a watchpossibilities of up move but can expect some consolidation before that as well.. Keep an eye.
Disclaimer : Views are my own and not recommendations
BERGER PAINTS .... BUY... TARGETS 880 & 910. FLAG ON A POLE
TRIANGLE BREAKOUT
LOOKS GOOD FOR A LONG RUN
BERGER PAINTS - CMP: 864The stock has given a Wedge pattern breakout on the daily chart. Also, it has given Flag Pattern breakout. All oscillators are in bullish bios. We can expect price movement up to 920 in near terms and also up to 1000 in the mid-term.
Berger Paints - VolumeBerger Paints after a bull run formed an ascending triangle pattern.
Gave a breakout, a pull back and has formed a bullish candle on 20th July when the entire market was in a bear grip
With 3.5 times of their average weekly volume.
Small upside opportunity
CMP 864
Target 890
Stop Loss 851
Note: This is for educational purpose. Invest at your own risk after your own analysis.
Double bottom and ascending triangle breakout in Berger paints. One can take positional long in Berger paints with Stoploss around 830 and target of 860.
PS: I am not a SEBI registered advisor, the above analysis is for education purposes. Please do no't take trade solely on the basis of it.
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