BERGEPAINT trade ideas
Berger Paints ORB Trade in D frameEntry is on 11 july with 251.60 and initial sl is on 246.45
TSl1 is on 250.45
TSl2 is on 252.00
TSL3 is on 252.75
Sl is Hit on 14th july . so total points are 252.75-251.60=1.15
berger paintsuptrend
all time high
look for entry when it forms a flag if you must
but it is best left alone before you see some strong signal
#BERGEPAINTBoxBO
H and C > box (H and C) with strength
Duration 21/3=7 months
Target 353 on the verge of achieving, CMP 342 within 4 months
Next Target 373.65
Sell Berger Paints LimitedSell Berger Paints Limited
parallel channel top so possible Come Down
Target :1 RS: 320
Target :2 RS: 310
Target :3 RS: 300
BERGERPAINT SHORT SETUP BEARISH ABCDBERGERPAINTS may short near 330 with stop loss 348 for target of 302
BERGER PAINT1) Looking to reverese from trend line to 20MA
2) OI of future also fell on friday
3) Asian paints is also consolidating at 1400 levels
4) SL 337
BERGER PAINTS rising wedgeBERGER Paints has been making new lifetime highs with every swing. currently testing the edge of the wedge Awaiting a breakout/reversal
Bergepaint- Uptrend Channel Pattern#BERGEPAINT stock has given uptrend channel pattern breakout and now stock still looking for 50 points more from cmp and there is support at level 310.
Berger Paints Arbitration and Technical Wedge - Buddha TradeShort if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Reason of stock picking = Asian Paints has a PCR of 0.3 and is at support. Comparing synthetically it is at over appreciation. Anyways r:R is a juice.
Initiate A long on BergerPaintsInitiate a Long trade on Berger paints , from 320.5, SL @ 317.3, Targets (1) 324 , (2) 328 , (3) 332, (4) 336 , (5) 338 , (6) 340 .
BERGEPAINT's Intraday Trade Plan for 13 Aug 2018It is 4.33% big BULL forming HHHL future candle.
In the morning euphoria, higher high shall be attempted. If you are too fast to trade, attempt to catch it, otherwise wait for new high, before 10.30, it shall be attempted. Decide on the basis of volume. If the volume is lower than 043,000 and BB Top is crossed, wait for RED candle. Whenever rates are coming under BB Top, SELL at that rate. SL will be BB Top+ o.25% If Volume is higher, in that case, SELL whenever rates are coming down to BB Bottom. In that case of SELL, SL shall be (BB Top + BB Mid)/2
Trade Plan is based on EOD data of NSE dtd 10 Aug 2018
Medium term technical tradeBerger Paints is facing favourable tailwinds in fundamental factors and technically the stock is in a strong uptrend (HH - HL). The idea is to build up longs slowly.
We started at Rs 309 (My mobile number was not verified and thus idea did not get published). Next we add at Rs 325-327 ~ 50% of the position and trail SL at Rs 310.
WOCKPHARMA : LONG above 316/318 for TG1 330 TG2 340 SL 310Spent last two weeks consolidating between 50% (312) & 61.8%(319) fib extension levels.
go LONG above 316/318 for TG1 330 TG2 340 SL 310 (3pm closing basis)
Strong support @ 312
Lost momentum in uptrend completely, if it wants to continue its uptrend, it should bounce up in next 2-3 days otherwise pullback will initiate (based on FUT OI & option analysis)
Victor Sperandeo 2B Reversal Price formation suggests a short as recommended by Victor Sperandeo in his 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. We can short the stock with reasonable stop loss. Risking the small amount gives an opportunity for a decent Risk to Reward ratio trade.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
