BERGER PAINTS : BREAKOUT..The MFI & RSI are in agreement indicating chances of a Genuine Breakout.
Buy @ 298 for Targets of 301 & 310. Place stops at 292.85.
BERGEPAINT trade ideas
Sell BERGEPAINT in supply zone, valid only from 2 to 6 julySell BERGEPAINT in supply zone, valid only from 2 to 6 july
Sell on Rise Hello Every one , I think few people have repeatedly asked me about Trend line and What i mean by sell on rise
I would like to Explain it so that you Guys can understand
01) Sell on Rise me , Usually I am forecasting as Price are moving in weak , that means most of market participants are selling and there is likely it will not sustain the further rally ,
02) Specified area or Zone i refer here , Not necessary it has to make that level , but its one of the possible levels ,
03) How you can take trade , You have to take trade only with reversal sign , that means when any trend is broken and it turns the other way , You will identify it as market direction and you will take the trade only with confirmation
04) I do not provide any kind of Educational services , But i have posted few charts as Educational , which i feel it is necessary for fresh or new retail when visit them can understand it and try to act with market direction
Regarding this Scrip
This one is moving in weak and that means you can look for selling short in Futures , currently due to Crude is low so the Paint scrips are moving up side , but Buying is not a Good option, One can look for selling Opportunity
05) I do not advise for Options selling or buying Until the person is self sufficient , as i have received few Personal message asking for Options Trade recommendations , they are time & price value , So i advise its not suitable for everyone , New People in Stock market do not try to Trade Options
Good Luck
Berger Paints Showing Great Strength -Stock breaking out above a key trend line and resistance.
-Break on high volume.
-Showing great relative strength as compared to the broader index.
-Stock already in uptrend.
Not an investment advice. Do your own due diligence.
My PredictiveEngine's Intraday call(01-Jun-18)-BERGERPAINT-ShortBased on my PredictiveSystem's signals, its going to be a RED candle on 01-Jun-2018 for BERGERPAINT
Sell Below: 297.5 for targets -
T1: 295.3
T2: 293.9
T3: 292.5
SL: 299.9
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Berge Paint looking good for long, SL 286 After traiangle breakout and sustains and now ready to make new highs
RSI Divergence/ 2B Reversal RSI is showing bearish divergence in overbought area and stock has formed 2B reversal pattern which provides an opportunity to short the stock Future at current level.
Entry 285
SL 284
Target 270 initial
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Berger paints - ShortShort below 281.75 with stoploss above 287
Target 1 - 273.8
Target 2 - 266.95
Target 3 - 260.10
Berger Paints: Wonderful Consolidation & BreakoutThe stock has been consolidating for several months now In the weekly chart. A breakout has happened this week and am watching this stock closely for sustenance of this breakout. The price action suggests that a major round of accumulation is over in this stock and it is primed to get into a trending phase.
Long One can go long on brake of the structure , but remember this is last move up , the expect a trend reversal for Major Correction
one can enter in 1 hour price action placing the stop below the Hourly bullish Candle
If breakout occurs ,will get the house white wash by BergerPaintStock in OverSoldZone , Virtually Debt free. Probability high for breakout.If closing is above 283!
Positive bias in the coming weeksTrading near multiple resistance zone. Close above previous higher levels, will accelerate positive momentum.
berger looking bullish to break flagits getting ready to breakout due to constant up movement of price.
will it breakout or not. lets check
BERGEPAINT : IN : D : SHORT POSITIONAL TRADINGAs per my wave analysis, once there is a BO of the green TL, then it can drop as per indication of the arrow.
Right time for us to buy when the prices are low..
Sell on Rise F & O Looking to sell near 268/270 Zone with reversal sign with stop 278 CLB daily for Target of 235
Berger Paints S&RBerger Paints
Long above 252 with 242 SL
T1 - 254
T2 - 260
T3 - 265
T4 - 270
T5 - 277
Berger Paints - Trend line reversal NSE:BERGEPAINT has reversed from its trend line and has crossed 100 day MA and now near its 50 day MA.
One can go long above 258.30
T1 - 267.30
T2 - 276.10
SL - 247.15
Bergepaint sustaining above 259 can touch 279. Tight Stop at 256NSE:BERGEPAINT
Breakout from channel on hourly charts. Must sustain above 259 till 10:15 am for confirmation.
