Accumulation level for breakoutBerger paint is preparing for Accumulation level and preparing for breakout. good stock for long term holding
BERGEPAINT trade ideas
SELL BERGER PAINTS .....SL ENTRY TARGETS ?SELL THE STOCK IN PRICE RANGE 535 TO 540
KEEPING SL AS 555
TARGETS 522
516
502
596
587
571
STIFF RESISTANGE AT 522
BERGER PAINTS Pullback BreakoutBERGEPAINT showing a clear pullback move on daily timeframe candle.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Long above 498.40
Short below 488.90
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
INTRADAY | BUY IF IT BREAKS THE TREND LINEBUY only if it breaks the trend line with good volume. Stock above 510 looks bullish to me.
Target 1- 519, T2 -529, T3-539
SL = Tight SL according to your risk!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
BERGEPAINT Pullback BreakoutBERGEPAINT showing clear pullback move on daily timeframe candle.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Berger paint stock on bullish mode.On all TFs Stock is moving above the 50 EMA level & in uptrend. We will wait for the break out level @ 522. After the breakout level entry can be taken for long as per target level given of 580. But level of 545 is crucial, We have seen minor resistance if this successfully cross then stock will move very fast. Also on daily TF double bottom pattern formation can be seen.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
BERGER PAINTTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
Stay Tuned for the NutsAnalysed levels mentioned on chart!!!
Note: Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
BERGER PAINTTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
BERGER PAINTS..triangleBERGER PAINTS looks like a move inside a triangle..
break on either side determines further trend. till then likely squeeze
BERGERPAINT NEAR FIBO LEVEL AND TL IS FORMINGBERGERPAINT is near the import fibo level and TL is also forming, once crossed 520 can be good for long.
Bergerpaint Following triangle patterBerger paints in triangle pattern possibly symmetrical triangle with clear entry and target points, and worth watching the breakout.
BERGEPAINT Bearish HaramiSustained above 466 will lead the price to reach the target of 473/479/483/ trail sl sl 442
Sell below 433 if sustained then 412 is the target with trail sl of 442
**Educational purpose only
Berger paint is on SupportBerger paint is on support of 445, if break then it moves down 440 NSE:BERGEPAINT and then 435, keep watch
And resistance on 553
