BERGEPAINT trade ideas
Rally over...a deeper correction on the way!!the rally to 38.2% of the swing is weakness. To me a deeper correction has started in this counter. U can tgt the recent lows as the first target.
Analyzing Berger Paints: an opportunity to go LongBerger Paints appears to present a favorable opportunity for a long position. I've outlined the entry price, stop loss, and target levels for this stock within the chart.
Please keep in mind that these are my personal opinions, and I don't recommend you follow them as stock tips. I encourage you to study the chart and share your feedback so that we can collectively enhance our understanding as a community.
Resistance boStock nearing to resistance
Looks it will break and move on
Only for educational purpose
Not sugesstionn
Crude theme again looking for buyingDon't miss this stocks for next 2/3 weeks
Buy on every dips, it's major player's in India growth story.
Best buying is around 525 to 550
Strong fundamentals
For trading prospective stoploss of intraday is 550 my ultimate target in near future is 700 minimum
For more charts follow me on x n fb name
Think like the opretor
Berger Paints
Attached in 1H Chart where it is clearly visible that Berger Paint is out to fly. But, remember, price in 1H Chart is right now below 200 SMA. It may surprise you in the beginning of the market. So, be patient and watch in the beginning and when 200 SMA is broken convincingly then only buy.
I am not a SEBI Registered Analyst please make any decision in consultation with your financial advisor. I will not be responsible for any of your profits or losses.
BERGER PAINTS READY TO COMPLETE RIGHT SHOULDER The stock is forming inverse head and shoulder pattern and currently is under formation the left shoulder and the head is formed only wait is of the right shoulder . The stock can give more than 33% in no time and the stock can be seen trading at 1000 levels by end of this year
BERGER PAINT BERGER PAINT looking good above 745 sl of 714 in weekly time.
buy after above weekly candle close
please wait for weekly candle close.
NOTE- Only for Education Purpose.
Please Give A Like If You Like
BERGERPAINT: Likely to form Reversed Head & Shoulder PatternBerger Paint likely to form Head & Shoulder Pattern.
Wait for breakout from 675 level if you are safe investor.
Risky investor can enter at current level 565 to get more gain.
#Current Price - 565
#Expected Target - 900
#Resistance Based Targets
- Target 1 - 712
- Target 2 - 900
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 563
- Target 2 - 524
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
I can see this today maybe open=low sameWe are entered in festival season
I m very bulish on paint industry
It's my best investments pic for long term investment 💡
Berger Paints Target 700CWH pattern was formed with a successful breakout with a target of 700. Now stock price has fallen after bonus issuance and Asian Paints news.
CWH pattern with neckline retest makes it much more attractive and gives another opportunity to enter.
Fundamentally, stock has posted highest ever numbers in revenue as well as profit in latest quarter.
Swing high breakout, heading towards 720 zoneBerger paint has broken a crucial swing high point with increased volumes and is heading towards ATH zone. Paint industry also has seasonal aspect as tailwind in the current juncture.
BURGER PAINTS LONG TRADE IN BURGER PAINTS:
GOOD TO BUY @560 or AFTER BREAKOUT OF TRENDLINE OR 600+ With the STOP LOSS of 555
TARGETS: 636/ 700/ 740/ 795/ 840+++
REASONS TO BUY : Good support from the previous zone of 550-570.
: About to Break Trendline.
: Good Risk to Reward ratio.
'This idea is only for educational purpose,
Please Trade at your own RISK''..
THANKS.
Berger Paints India LtdBerger Paints seems breakout in daily,
Buy if the price sustains above 705 | Tgt 722, 740 | sl 688
Its my view
burger paint uprisingBurger paints is in uptrend, we can invest in for long run
** only for educational purposes**
Berger paints : Ready to Fire#bergepaint #paintstocks #swingtrading #momentumstock #patternbreakout #Trianglepattern
#bergerpaints : Swing trade
>> Breakout Candidate
>> Stock just above the Supply zone
>> Beautiful Triangle pattern Visible
>> Good Strength in stock
Swing Traders can lock thier 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Berger paints indBerger paints ind has given trend line breakout in his 4th attempt. Buy around 670-680 for 736, 799, 856
Berger mein hulchal?Inside Bars.
Consolidation at Peak.
Low risk below 700.
Strong in weak markets.
Let's see!
Berger Paints India Ltd. Above pre. fy highest volume cndleBerger Paints India is engaged in the Manufacturing and selling of Paints.
PROS
Company has been maintaining a healthy dividend payout of 36.7%
Berger Paints - Possible investment opportunityKey highlights:
- Sitting in the monthly demand zone
- Hovering around 200-week EMA since May 2022
- Can give a positive reaction if buyers turn up
- Possible bear trap in formation
- 100 month EMA is just below the demand zone
- Seems like a good investment opportunity
Monthly - 50 EMA and 100 EMA for reference
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
