BERGEPAINT trade ideas
[HP] Short Berger PaintsI will not keep stop loss. You may follow 1:1 risk: reward. I will update if I hedge.
PS: It will be highly volatile because of the results of Asian Paints
it has a resistance around 551. if crossed, then 645 is t1.Keep on radar.
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Short Berger Target 520 SL - Closing above 534 tomorrowBerger is showing strength for 3 months. Now it is trading above resistance level of 527. As per Volume profile very less volume is traded at this level. Likely to fall to 527 tomorrow and can reach to 520 level in 2 trading sessions.
Exit the trade if closes above 534 tomorrow.
berger - respecting rangei longed at 520 and lost money, shorted at 500 and lost money
made me to work on charts and pushed me to this level
thanks berger for bringing me to this level
BERGER PAINTS.. party over..BERGER PAINTS has hit long term fibo resistance..
time for serious correction..
BERGER PAINTS INTRADAY BULL FLAGSIT SEEMS IT SUPPORTS BULL FLAGS REALLY GOOD 4 FLAGS ARE COMPLETED NOW 5TH IS GETTING READY MAKE SURE LOWER LINE NOT BROKEN ON CLOSING BASIS
NOTE: TRADE AT YOUR OWN RISK
Next Move I am looking this has one more correction left before it makes its upside move ,
One can look for trading in both direction
Currently it can come down to forecast level and then it can make turn around for up side move
Look for trading Opportunity
BergerPaint Long Idea - Swing TradingSwing trading - Small target and strict stoploss.
Once it reached the target, you may want to go for rolling stoploss
BERGER PAINTS REVIEW FOR TUESDAYAS SHOWN WITH YELLOW CIRCLES STOCK HAS BEEN REJECTED 3 TIMES BEFORE NOW IT IS HEADED AGAIN TOWARDS TREND LINE TO GET REJECTED AGAIN SO TARGET IS MARKED WITH ARROW STOP LOSS IS 513 ONLY
NOTE: TRADE AT YOUR OWN RISK
Berger paint is spending too much time on ....Berger paints is spending too much time on extremes zones on RSI. The momentum hasn't been impressive and strong to break above the 60 levels. If the prices aren't able to break through it in a session or too it will result into a "momentum puncture" which will lead to corrections in the stock.
