BERGEPAINT - LONG - 10% upside potentialBERGER PAINT is giving triangle pattern breakout at 595-600 levels. A daily candle close above this level is very positive for good and fast up move for a target of 620+ and then 650+
BERGEPAINT trade ideas
Triangle pattern forming....Ready for breakoutTriangle pattern forming...Ready for breakout...630 first target
Berger PaintReasons to buy at Rs.625:
1. Stock took RSI 40 support after year 2008.
2. Monthly candle closed with no selling pressure.
3. Volume is more than from previous months.
4. Price taking support on 200 week SMA from May-2022 (Previous 200 week SMA support in 2010).
Targets : Previous swing highs weekly basis.
SL : Price closing below 200Week SMA.
This analysis is done for education purpose, please do your own analysis based on your strategy.
Berger Paints Accumulation Zone breakoutThe stock had been consolidating from quite some time and even is the runner up in the paints segment.
Fundamentals are good to go and technically we could see a beautiful accumulation of stock happening, The script has given a breakout out of the accumulation zone, for aggresive investors, buy on dips and if risk needs to be minimized, please wait for the quarterly results.
SL at 1% below range
Trail after targets of 10%
BERGERPAINT - Symaterical Triangle Breakout- CMP crossed 50 SMA
- Brekout or symmetrical triangle
-Price could easily move to level marked in the chart
Berger paint for intradayBerger paint look great for intraday on 22.07.2022
BergerPaint
Buy 596
Stoploss 591.5
Target - 604.5 , 608, 615
BERGERPAINTS- Medium Term, Bulls at accumulation ZoneBERGERPAINTS- Medium Term, Bulls gaining momentum at accumulation zone. Potential move towards 779 levels in the medium term.
BERGEPAINT
NSE:BERGEPAINT
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Shorting opportunity on Berger paintsFocus on berger paints, as it broke important support and travelling south with higher delivery percentage.
Targets given..
BERGERPAINT LongStock looks good for a bounce up
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
UP MOVE BERGER PAINTDouble bottom formed, C wave completion to be confirmed, if overall selling in market will be there price could touch the channel low, or else pull back from this point only , up move anticipated . Wave counts are included .
Bergerpaints - looking good for accumulationBergerpaints - looking good for accumulation. Can rally above 656. depends on crude.
#Bergerpaints #bergerpaint Support levelsNSE:BERGEPAINT
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Looks good for SHORTGood support broken also index are at range bound with good sell off.
620 is good support can go short after retest. Volume are pretty good too
SL 630 Target Open
#BERGERPAINT - HARMONICS PATTERN#BERGERPAINT - BEARISH REVERSAL HARMONICS PATTERN
CMP : 630.35
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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Head and Shoulders Pattern (trend reversal ) at BERGEPAINTBe Cautious Head and Shoulders pattern (trend reversal) at #BERGEPAINT (Berger Paints India Ltd) weekly chart.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
BERGER PAINTS HAMMER AT CRUCIAL SUPPORTBERGER PAINTS forming HAMMER at support along with other conditions like RSI reversing from oversold to normal zone, volume higher than previous day. One can go long if price sustains above 645 on 15min/30min time frame with a stop loss of recent swing low of 618 Target 1 - 671, target 2 - 682, target 3 - 733
SHORT BERGER PAINTS.Sell BERGER PAINTS below 625. If trend reverses then it can be buy above 640.
(only for educational ideas)
Berger Paints - Short Term Buy - 26/4/2022Hi,
This is a daily chart of Berger Paints.
It looks good for a short term.
It Looks a good buy above 725.50, with a SL of 712.50 and target of 745 and 770.
The current TF Macd is strong and is giving a buy. Its above Zero line.
Although the weekly MACD is below zero line, but it has given a crossover, so longs can be initiated for short term.
Rsi is above 50, another positive aspect.
Risk reward is also good, high probablity it will touch 770 in coming days.
Currently finding support at the Lower channel and high probablity it will touch upper channel in coming days.
Disc : Educational Purpose only
Neo
