BERGEPAINT trade ideas
Berger Paints.. rallyover?BERGER paints.. looks like the rally is over
time for consumption to take a hit
please correct me if i am wrong. since i am still a learner with waves
berger paint fundamentals and panic criss cross crude is down is fundamental positive
market panic is near term negative
berge structure break.....The price has broken the upper trending channel,and moving toward the lower structure....do your analysis before taking any trade,and manage your risk......be smart
BERGEPAINT: Bullish shark 08-March-2020 (Option1)BERGEPAINT: Bullish shark 08-March-2020 (Option1)
CMP: 535.35
Buy: 509-516
Targets: 528.30,541.30
Stop loss: 506.90
Chartby: KD
BERGEPAINT- Trend breakout ? BERGEPAINT - trading with strong support even though we see strong fall in market in past 4 days.
Considering the trend, incase if breaks we can see further upside.
Can add to watch list for breakout
Support turned Resistance line. 540 range will be tested soon?Line acted as support and resistance.
Price also testing 20 SMA (day) multiple times.
It looks 540 range will be tested soon.
BERGER PAINTS. painting red..BERGER PAINTS after posting good results seems to be topping out in the short term.
Daily charts shows selling has kicked in and is inside a wedge for now.
breaking of the wedge can result in a quick downside.
note: wait for it to break the rising wedge.
