Berger Paint Trade setup for Monday 20 July 2020Bullish engulfing candle, Chances are high on buy side above the trend line.
BERGEPAINT trade ideas
Buy: BERGEPAINT See the levels
Green: Buy
Red: Target
Blue: Stop Loss
Caution: Enter after self analysis & confirmation. See Nifty 50 trend. Go with the trend.
Possible Breakout in Berger Paint!!Stock is touching trend line since last 2 days and also travelling in channel. Wait for breakout for safe entry.
SELL BERGER PAINT ema 20 IS GOING DOWN ema 200, BEARISHNESS IS GATHERING.
lOOK AT THE PAST EXMAPLES AND THE PROCE RANGE IN SHORT AND LONG.
Will wait for a Bullish candle to go longStock is forming HH and HL. I will wait for a bullish candle to go long.
Berger Paint Long positional BuyHiii this is trader kanishk
here we saw a prefect breakout of flag pattern of ASCENDING TRIANGLE Pattern
second. there is a retracement on lower time frame which we consider as an opportunity.
i've drawn an trendline . After breakout i am going to buy this.
i am not recommending you, i am just sharing my analysis here.
BERGER PAINT Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Berger Paint - AccumulateStudy:- Buy on dips. Excellent structure. Accumulate gradually to get very good return.
Given a BO from symmetrical triangle and ready for up move. Buy on dips and hold. Huge increase in volume is observed along with increase in price. PCR is bullish for July and long build up observed in OC. If market depth is good it will be a rocket.
I will be keep on updating with new updates.
* Only for study.
Berger Paint - AccumulateStudy:- Buy on dips. Excellent structure. Accumulate gradually to get very good return.
Given a BO from symmetrical triangle and ready for up move. Buy on dips and hold. Huge increase in volume is observed along with increase in price. PCR is bullish for July and long build up observed in OC. If market depth is good it will be a rocket.
I will be keep on updating with new updates.
* Only for study.
LONG BERGERPAINTBreakout of triangle pattern is identified in BERGERPAINT , Long BERGERPAINT with potential return of 8.00 % maintaining good risk reward ratio of 2:1 approximately.
ENTRY : 554
TARGET : 595
STOPLOSS : 533.50
DISCLAIMER : This recommendation is for educational purpose only, consult with your investment advisor before initiating any trade.
Wait for trend line to break could see 545+ if only it gives closing above trend line.
Plan your trade
BERGEPAINT - ASCENDING TRIANGLE PATTERN - Breakup Possibility!BERGEPAINT already forming a symmetrical triangle pattern in 1DAY Timeframe . And it is trading near the resistance line .
Also there is formation of Ascending traingle in 30 MIN Timeframe . Possibility of breakout upward side from both the triangles(Inner and outer).
it can have a break out on daily time frame it can have a breakout at daily time frame but the resistance is very near to that so after break out be careful for you target but keep your eye on this
Berger PaintsWait for Break Out of Daily Resistance (506/508) then Swing long but remember there is Weekly resistance at around 525/528 levels.
BERGER PAINTS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Short Berger Paints at 504, for target 460 with SL 520Berger Paints has taken resistance at falling trendline and has begun correcting. Short for target of 460, with stop loss at 520.
Berger Paints Daily Chart Analysis Berger Paints is consolidating in a triangle pattern also taking support on 200 days ema .. keep an eye on it.. if market support can give breakout for min 100,200 points.
Manage your Stoploss.
berger paint expecting trendline breakout entry-510
sl-490
target-540
trading in tight range for 5 days ..expecting range breakout
