BERGEPAINT trade ideas
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
Berger Paints - Swing/Positional trade ideaKey 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)
BergerPaints - Short covering possible 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
BERGEPAINT - Ichimoku Breakout 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 education purpose and a helping hand to learn trading in Market.
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#IchimokuCloud
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BERGEPAINT - bearish harmonic -weeklySpotted BERGEPAINT bearish harmonic in weekly TF
wait for reversal for confirmation
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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
BERGEPAINT --- heading towards all time high of 872NSE: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 sell recommendation.
Bergepaints stock technical analysis for julyHi every one
Bergepaints stock technical for This week july valid leval
Berger paint momentum stockMonthly rsi above 55.
Positive RS .
debt free company.
keep long term investing.
like and share and press boost button.
BERGER PAINTS | Breakdown Or FakeoutAfter 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 opportunities can be grabbed this week.
Keep in the watchlist.
berger paintmothly rsi above 55
good move. debt free company.
keep in radar.
if like my idea .
like and press boost button.
keep investing.
Symmetrical triangle pattern reversal in Berger Paints 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+.
consolidation at top1. 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
bergerpbergerp broke out of rounding bottom pattern on an hourly chart with good volumes.
could be bought with mentioned stoploss & target.
Berger paints heading towards 52 Week highBerger paints is heading towards 52 week high of 710 levels.
It is outperforming Nifty and among the strong stocks.
Berger paints breakdownSelll below low of breakdown candle at 646.45
stoploss at 666.75
1st Target will be till lower channel trendline,it may give profit little less than 1:2
TWO GOLDEN CROSSES - WAITING TO FLY ?Stock is looking poised for an up move. Current consolidation is looking good. Market is holding at higher levels
Key parameters to consider
EMA crossover - Golden cross is completed follow by consolidated
Breakout from Long Term Downtrend line
Formation of a short Term Uptrend line
Golden Cross completed between the LT and ST trendlines
Stock is resting at crucial Resistance turned Support Levels
2 Entry point are marked on the charts for aggressive and conservative traders/investors
2 Target levels are marked on the charts
Trail your targets as per your Risk-2-Rewards appetite.
This is my analysis and not any recommendation to entry in any trade. Invest wisely and with proper analysis and guidance.
BERGEPAINT#Bergepaint is displaying positive signs on the weekly chart. It has recently reached a new swing high, and the relative strength indicators are also indicating favorable conditions.
Bergerpaint : Fresh Colors & a Cup of TeaTechnical Analysis
Chart type: Daily
Chart Pattern : Cup and Handle
RSI: Above 50
Price: Above 20 & below 200 SMA
The chart pattern is a cup and handle, and the price is close to breaking out, which is a good sign. However, the price is currently below the 200-day moving average. This suggests that there is a possibility that the price may not move soon, but instead slowly move up.
