#Bergerpaint cash : Looks good above 621 and dips 580#Bergerpaint cash -Positional call
29 fEB 2024
Looks good above 621 and dips 580-600
SL 550
Target 720/770
Cmp 606.70
BERGEPAINT trade ideas
Berger Paints Ind ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
Berger Paints Ind
Target: RS 638
CMP: RS 606.70
ENTRY RANGE: 600-613
STOP LOSS: RS 560
Disclaimer: I am not Sebi Registered.
BERGER PAINTS - Bullish Swing ReversalNSE: BERGEPAINT is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Berger Paints Futures Trade Setup Berger Paints📈📚
#TrendX #Masterclass #Assignment
Berger Paints has surpassed the upper trendline resistance of a triangle.
RSI is moving in sync with the price and has given a trendline breakout.
Key MAs have formed a bullish Crossover on daily chart.
The price is now sustaining above its 20 EMA.
All these observations are seen in the daily time frame.
A long trade can be taken in futures (prices here given are as per spot) above 576 (preferred with an equal lot hedge of 575 Put option, premium approximate 19 - 18/-(buy as a hedge) along with long trade.
The price can rise up to 590 and above that, it can rally up to 603 - 615.
The stop-loss will be below 564 on a daily close basis.
Holding duration 2 - 3 days. The trade should be ignored if prices open with a gap up or down before initiating the trade.
#FuturesAndOptions #Masterclass
Berger Paint : Scalping Quick Scalping for a 15 points long target.
Price is at support level, attempting breakout of down trendline break in shorter TF.
Note: This is just for analysis purpose, please do your own research before punching any orders.
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Berger Paints (i) Limited
Berger Paints (i) Limited
Berger Paints Ltd is an Indian multinational paint company, based in Kolkata. This company has 16 manufacturing units in India, 2 in Nepal, 1 each in Poland and Russia. It has manufacturing units at Howrah and Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry and Udyognagar.
BERGEPAINT BEARISH HARMONIC PATTERN IN DAILYCMP 582.70 SELLING ZONE 595-90 SL 602 TGTs 563/41/33 (Positional View)
consolidation breakoutentry above the line
stop below the line
consolidation breakout on daily time frame
Berger- 8 ka funda <300Berger- 8 ka funda <300
1) Nice COnsolidation
2) Lets see if it could give more than 5 % within 5 days.
BERGER PAINTS LOOKS WEAK | SELL @ 590 - 586Bergepaint is trading near resistance zone and we saw a sell-off in past from these levels.
Short trade can be taken in Bergepaint and refer to green lines marked on the chart for targets, trade will be valid until top red line is intact on the upper side.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
This stock is a sell on rally The stock could not rally beyond 38.2% is a sign of weakness. It has been consolidating between 590 and 570 for days now. Below 570 we should see 540 and 502
Berger Paints: Short at retest; Risk Reward 1:6Berger paints breakdown from "symmetrical triangle" chart pattern in daily time-frame. I am expecting huge downside rally after a retrace till Rs 591 (which also translates to 1:6 Risk Reward).
I am planning to go SHORT at 725-730 Levels (but not before 3:00 PM), wicks at the top of daily candle tomorrow will add extra confirmation to our trade.
Entry 725-730
SL 752.1
Target 591
Disclaimer: Please do your own analysis before jumping into the trade. Jumping into trade is not necessary to acquire knowledge, you can be spectator and evaluate how the price moves.
Rally over...a deeper correction on the way!!the rally to 38.2% of the swing is weakness. To me a deeper correction has started in this counter. U can tgt the recent lows as the first target.
Analyzing Berger Paints: an opportunity to go LongBerger 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 collectively enhance our understanding as a community.
Resistance boStock nearing to resistance
Looks it will break and move on
Only for educational purpose
Not sugesstionn
Crude theme again looking for buyingDon'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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Think like the opretor
Berger Paints
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 consultation with your financial advisor. I will not be responsible for any of your profits or losses.
BERGER PAINTS READY TO COMPLETE RIGHT SHOULDER 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 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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BERGERPAINT: Likely to form Reversed Head & Shoulder PatternBerger 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 - 524
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
I can see this today maybe open=low sameWe are entered in festival season
I m very bulish on paint industry
It's my best investments pic for long term investment 💡
