Berger Paints appears to present a favorable opportunity for a long position. I've outlined the entry price, stop loss, and target levels for this stock within the chart.
Please keep in mind that these are my personal opinions, and I don't recommend you follow them as stock tips. I encourage you to study the chart and share your feedback so that we can...
Don't miss this stocks for next 2/3 weeks
Buy on every dips, it's major player's in India growth story.
Best buying is around 525 to 550
Strong fundamentals
For trading prospective stoploss of intraday is 550 my ultimate target in near future is 700 minimum
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Attached in 1H Chart where it is clearly visible that Berger Paint is out to fly. But, remember, price in 1H Chart is right now below 200 SMA. It may surprise you in the beginning of the market. So, be patient and watch in the beginning and when 200 SMA is broken convincingly then only buy.
I am not a SEBI Registered Analyst please make any decision in...
The stock is forming inverse head and shoulder pattern and currently is under formation the left shoulder and the head is formed only wait is of the right shoulder . The stock can give more than 33% in no time and the stock can be seen trading at 1000 levels by end of this year
BERGER PAINT looking good above 745 sl of 714 in weekly time.
buy after above weekly candle close
please wait for weekly candle close.
NOTE- Only for Education Purpose.
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Berger Paint likely to form Head & Shoulder Pattern.
Wait for breakout from 675 level if you are safe investor.
Risky investor can enter at current level 565 to get more gain.
#Current Price - 565
#Expected Target - 900
#Resistance Based Targets
- Target 1 - 712
- Target 2 - 900
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 563
- Target 2 -...
CWH pattern was formed with a successful breakout with a target of 700. Now stock price has fallen after bonus issuance and Asian Paints news.
CWH pattern with neckline retest makes it much more attractive and gives another opportunity to enter.
Fundamentally, stock has posted highest ever numbers in revenue as well as profit in latest quarter.
Berger paint has broken a crucial swing high point with increased volumes and is heading towards ATH zone. Paint industry also has seasonal aspect as tailwind in the current juncture.
LONG TRADE IN BURGER PAINTS:
GOOD TO BUY @560 or AFTER BREAKOUT OF TRENDLINE OR 600+ With the STOP LOSS of 555
TARGETS: 636/ 700/ 740/ 795/ 840+++
REASONS TO BUY : Good support from the previous zone of 550-570.
: About to Break Trendline.
: Good Risk to Reward ratio.
'This idea is only for...
#bergepaint #paintstocks #swingtrading #momentumstock #patternbreakout #Trianglepattern
#bergerpaints : Swing trade
>> Breakout Candidate
>> Stock just above the Supply zone
>> Beautiful Triangle pattern Visible
>> Good Strength in stock
Swing Traders can lock thier 10% profit & keep trailling
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