Berger paints ind has given trend line breakout in his 4th attempt. Buy around 670-680 for 736, 799, 856
buy at 719 and in dip at 713 SL 699 Disc : It's not an investment advise to buy or sell
Inside Bars. Consolidation at Peak. Low risk below 700. Strong in weak markets. Let's see!
Berger Paints India is engaged in the Manufacturing and selling of Paints. PROS Company has been maintaining a healthy dividend payout of 36.7%
Key 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...
Key highlights: - Possible selling climax in February. - Shift in the market structure. - Triangle formation. - Daily demand zone at 550-565. - May head towards 700 in Q3/Q4. 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)
Berger paint setup is looking a good candidate where I see a potential short covering can come in next few session. If it sustain above the marked resistance levels it can be good intraday pick in coming session. Also, with crude down by 7% today - could be a trigger here ? Keep in watchlist 600CE Chart
Stock Name - Berger Paints (i) Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 704 #This is not Buy and Sell recommendation to any one. This is for...
Spotted BERGEPAINT bearish harmonic in weekly TF wait for reversal for confirmation Study-Practice-sharing Educational purpose only. This is not a recommendation - I am not SEBI registered - Do not TRADE/INVEST basis what I publish here. I am not responsible for your loss or gain. Inspired by - Trading Mirror telugu
Only for education purpose Read this stock charts anylycis
NSE:BERGEPAINT viewpoint the stock has given good breakout on weekly time frame around 610 and 650 levels cmp is 691 moving towards all time high of 872 once it breaks above its all time high, this stock will move towards 1200 levels nearly double from breakout levels this analysis is for knowledge sharing and educational purpose . this post is not a buy or...
Hi every one Bergepaints stock technical for This week july valid leval
Monthly rsi above 55. Positive RS . debt free company. keep long term investing. like and share and press boost button.
After a good upside rally as can be seen in the chart, 'Berger Paints' went into a consolidation phase. today it has broken the consolidation zone and also has changed the trend in the smaller time frame. Now we can keep it on the radar for the coming days so we can see if this is a breakdown which is more likely to happen or a fakeout to trap sellers. both side...
mothly rsi above 55 good move. debt free company. keep in radar. if like my idea . like and press boost button. keep investing.
Berger Paints India Ltd Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Reversal of Symmetrical triangle Pattern . ✅ It can give movement upto the Reversal target of above 593+. ✅There have chances of Breakout of resistance level too. ✅ After Breakout of resistance level this stock can gives strong upside rally upto above 637+.
1. RS positive 2. RSI>60 with hidden bullish divergence 3. 7 bars closing inside a big bar 4. triangular consolidation Trade breakout of falling trendline for longs target 700 breakout and close below the support flat line on hourly target 648
bergerp broke out of rounding bottom pattern on an hourly chart with good volumes. could be bought with mentioned stoploss & target.