Rounding Bottom patternThe stock is making a rounding bottom pattern and looks good above 758.5 level
BERGEPAINT trade ideas
BERGER PAINTS TARGETS IN DAILYBERGER PAINTS IS IN CONSOLIDATION AS ON THIS WEEK, IN MY VIEW MORE PROBABILITY FOR SHORT SELLING SIDE IN DAILY TIME FRAME. THIS STOCK LOOKS LIKE OVER BOUGHT AT THIS TIME AND IN CONSOLIDATING RIGHT NOW. AS PER TECHNICAL AND PRICE ACTION IN DAILY TIME FRAME ITS SIGNALING SHORT SELLING ONLY.
#BergerPaintThere is a good chance #bergerpaint will move up.
Target: 723 / 727 / 734
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Double Top pattern Breakout in BERGEPAINTIn the last trading session, BERGEPAINT breakout its recent support line which is the neckline of Double top pattern. After the breakout of this support burger paint may fall upto 707 level.
BERGER PAINTS - Trendline ObservationsTrendline Observation(s). A simple trendline breakdown on Hourly Chart of BERGER PAINTS. SELL below 736 -> 730, 725, 720. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Berger: Time to Paint it RedWith Grasim's decision to enter the paint segment and intensify competition, may be some investors are taking prudent decision to book healthy gains made over last few years. Stock has technically given a breakdown from a double top pattern and broken below 21 EMA. A test of 55 SMA is on cards. Let's see if it takes support there or make an eventual move towards 200 SMA also
BERGER PAINT Trading SetupReverse hammer candle with huge volume at top indicated selling pressure. Can sell at the next resistance level.
Flag Pole structure in Berger PaintPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
BERGER PAINTS BUYBERGEPAINT
Stock frm current lvl might move towards 826/831
SL 806
Let's see what happens....
Disclaimer: Ideas for learning Only.
BERGERPAINTIm not an expert im just sharing my views on BERGERPAINT for tomorrow
Im not responsible for any profit or loss this is not a recommendation
