BERGER PAINTS Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
BERGEPAINT trade ideas
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
Berger paint trading above supportThe stock is forming HL in a daily chart forming an ideal triangle. It is trading above hourly support. I am expecting it to give a breakout tomorrow or day later if conditions are favorable. Let me know your view.
Disclaimer: Educational purpose only.
Accumulation level for breakoutBerger paint is preparing for Accumulation level and preparing for breakout. good stock for long term holding
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.
