BERGEPAINT trade ideas
BERGER PAINTSAB = CD Ext @ 1.618
Trend based Fibo extension level matching exactly with D point of pattern.
RSI also above 70... so shorting possible from D point...
BurgerpaintBurgerpaint have a strong resistance at334-340 and gradually making Lower high in past time.
In future there is a more probability this underlying will break this resistance due to resistance level is tested more than 3 times and also supporting a lower high formation in past time and also fundamentally result is a well performing.
We will see this underlying will move upward.
BERGER PAINTS SHORTNSE:BERGEPAINT
Only for education and information purpose. Should not be taken as a trading call.
It looks like after the breakout we can go short at point D lets See how dose the market reacts.
CHART BY HARMONIC LEARNING AND EARNING
Short sell Futuresone can look for short selling in Futures i am looking this will have deep pull back
once price brakes the T1 put the stop to cost and trial it and book near Target 3
#BergerPaint #Harmonic #Magic_Of_Harmonic #MOHgroup. Follow up chart and see the levels it reversed. Magic Of Harmonic Impulse Wave.
#Harmonic #Magic_Of_Harmonic #BergerPaints#Harmonic #Magic_Of_Harmonic #BergerPaints Short levels marked. SL is small but Lot size in futures in Big and movement is very very slow.
Berger Paints: Triangle BreakoutBerger Paints has been consolidating in the form of a triangle ever single its long uptrend phase.
This triangle now appears to be broken. It certainly looks like a good time to join the 'LONG' ride!
Long Position possibility in BERGEPAINTBERGEPAINT has broken from the symmetric triangle pattern i have posted in earlier article and now it it has move past the 336 price range , if this week candle closes above 336 we can expect to reach a target as indicated in the chart .
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
Bergepaint, Bullish above 336Stock has tested, top of 336 many times
so 336 proves to be tough resistance for bergepaint
if stock trades above 336 with support from volume
then next levels will be 350, 375, 390
Berger Paints - Weekly - Trendline - Support - ResitanceBerger Paints - Weekly - Trendline - Support - Resitance
1. On the verge of breakout. Strictly follows. trendline support.
2. RSI is entering over-bought so some price retracement can happen
BERGER PAINT SHORTNSE:BERGEPAINT
lOOKING AT THE TREND OF BERGER PAINT IT SHOWS THE WEAKNESS AND PROBABLY WILL BE A SHROT AND EXPECTED TARGETS SHOULD BE AROUND 320. A PERFECT PIN BAR FORMATION ON DAILY CHARTS AROUND THE RESISTANCE, COMPLETION OF BEARISH ALT BAT PATTERN AROUND THE RANGE OF 341.
BERGER PAINTS (Berger Paints India Ltd) BUY ABOVE 336BERGER PAINTS (Berger Paints India Ltd) BUY ABOVE 336
BERGER PAINT CALL STILL ROCKINGLET US SEE HOW FAR IT GOES.
STOCK IDEA PUBLISHED ON 25/07/2019.
PLEASE SEE ATTACHED FILE.
BERGER PAINTS - Bearish Bat - 4H TFBearish Bat pattern on 4H Chart of BERGER PAINTS. SELL 332.5-333, SL 337.1, Target(s) - 328, 326. POSITIONAL, SL Intraday
Towards LifeTime High :)It is following its BIG BRO Asian Paints towards lifetime high. One can enter between 338-340 for upside with trailing SLs. However price falling below 324 will change trend for another SWING.
Symmetrical Triangle formation in BERGEPAINTPrice is converging with a symmetrical triangle formation in the daily time frame and it could breakout in any direction ,as monthly trend is sideways we shall wait and see which side
it could breakout
