long position (buy)great fundamental and a great growth stock ! longterm target 1000++++
short term target 770, 800 !
BERGEPAINT trade ideas
BERGEPAINTS can give good returnsI will buy BERGEPAINTS because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 706
Target : 815
Stop loss : 680
BERGEPAINT | Bullish PossibilityBERGEPAINT | Bullish Possibility
The stock is trading in the zone of Cube number 729 | Last two consecutive days, closed near 729
Consolidating between Gann 1x1 and 2x1 angles since 9-Feb-2021
Vertically bounced from Gann support level 682 which coincides with Gann 1x1 angle
V-shaped reversal in RSI | RSI broken out above consolidation range
Bullish above 743 | Resistance levels : 771 / 791 / 813 / 841 / 871 / 907
Bearish below 664 | Support Levels : 625 / 582
Breakdown candidate for me tomorrow.Sell on rise
Caution...volume is not that much...so trade with options first and then go with futures
Will Berger Paint Take Support HereBerger Paints is following the lower trend line and expected to see the support again.
Intraday Trades would be posted in our TradePro group.
Happy Trading!
InvestPro India Team
BERGEPAINT : Looking for buying opportunity!BERGER Paint is looking for a great buying opportunity to go for long & to take the move to the upside!
BERGER PAINTS: INTRADAY IDEABerger Paints have made a rounding bottom pattern and can be taken for long above 758.55
For Educational Purpose
Bullish reversal at the trendlineThe stop loss can be unsettling for some. Please use position sizing.
Rounding Bottom patternThe stock is making a rounding bottom pattern and looks good above 758.5 level
