Bergerpaint Following triangle patterBerger paints in triangle pattern possibly symmetrical triangle with clear entry and target points, and worth watching the breakout.
BERGEPAINT trade ideas
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
Berger Paints Sell Below 440 Target 425- 420Bergent Paints looks really weak below 440!
One can iniate a Positional Sell in this if 440 breaks with good volume SL 465
BERGER PAINTS Go long in berger paints for the targets of (467-482) / (503-525) with the support of 440 level
Berger Paints trading at shorterm supportBerger paints trading at demand zone and it is likely to take support and reverse.
Trade is valid only above trendline.
Levels mentioned on chart
Chart analysis Stock is consolidating near strong support area .
Keep a watch on this stock for next move.
The chances of come into profit is more.The last pin bar is showing price rejection.
Rejection zones are areas where there is no equilibrium in price. The asset is either over or under valuating, meaning that the market might be oversold or overbought. It's important to spot these rejection zones to know when to avoid a trade and where the key pullbacks are.
Maintain stop loss
RSI divergence in BergerNSE:BERGEPAINT has Positive DIvergence in RSI , expecting it to go up , targets as lines in the chart
Sell in the morning.I will update the levels around the pre-market session tomorrow if it bounces back from these levels.
SL - Today's Open
Target - 410/400
berger paint dis stock get support near 440 also and rebound from that level and currently trading at 455 levels so if next week is dis stock manage to sustain above 440 then it will hit mid bollinger band which is at 490 level...RSI AT OVERSOLD LEVEL
stay tuned guys for more charts and trade setup
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Berger PaintsBerger Paints can retrace back to 23.6% Fibo levels. NSE:BERGEPAINT
Not initiating any trade and it's only for analysis purposes.
