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
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...
Spotted BERGEPAINT bearish harmonic in weekly TF wait for reversal for confirmation Study-Practice-sharing 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
Only for education purpose Read this stock charts anylycis
NSE: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...
Hi every one Bergepaints stock technical for This week july valid leval
Monthly rsi above 55. Positive RS . debt free company. keep long term investing. like and share and press boost button.
After 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...
mothly rsi above 55 good move. debt free company. keep in radar. if like my idea . like and press boost button. keep investing.
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+.
1. 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
bergerp broke out of rounding bottom pattern on an hourly chart with good volumes. could be bought with mentioned stoploss & target.
Berger paints is heading towards 52 week high of 710 levels. It is outperforming Nifty and among the strong stocks.
buy above high of breakout candle at 673.05 stoploss at 651
Selll 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
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...
#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.
Technical 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...