berger paintWe are in wave B and the same is not worth trading. It might go up tomorrow as I am expecting nifty to go up as well. All the best.
BERGEPAINT trade ideas
Berger Paints - Up movement @618The BERGER PAINTS has broken it's bearish trend at 608 and came back for a retest and now it is going take an upward move. Can consider a buy at 618.
Can hold till 710.
Positional Up side view on BERGERPAINTAs per my analysis, NSE:BERGEPAINT is consolidating to move upper side.
My best entry level is 587 with stop loss of 563, and hold positionally till targets of 621 & 665.
Note: This is my personal analysis, only for learning.
Thanks.
BERGER PAINT#bergerpaint
Bergerpaint is in down trend its looking good you can buy it with sl of 560
Short Term Bullish Berger PaintsBerger Paints made a breakout and retest on the daily TF line chart.
Earnings on Nov 10th, 2022.
Pre ER run possible in this script.
Watchout for atleast 40-50rs move.
CMP is 604.
BERGERPAINT – Long Opportunity for a Swing TradeBergerpaint had been in a recent up trend post which there has been a retracement and it’s taking support on 0.618 levels. Considering the Fibonacci levels, we are expecting the long rally to be in tact and considering the recent downtrend as a pull back.
We can initiate a long trend with a stop loss lower than 0.618 levels (599) and can target a risk to reward ration of 1:1 and trail stop loss to 1:2
Disclaimer:
This is for educational purpose. We are not SEBI registered analysts.
#TrendAnalysis #NSEindia #Trading #StockMarketindia #Tradingview
Position in Berger paints Trendline breakout in Berger paints
Can make position ABV 625
Good risk reward
Good Swing opportunity in Berger paintGood opportunity in Berger paint
Berger paint making Flag and pole pattern
And it's making Inside bar candle and it's
taking
support from Fib level of 0.618.
If it's break above @643 Then target O is 677/700/711.
It's only for educational purpose buy on ur Risk
Swing Long Idea for BergerpaintBerger Paint is trading close to its previous swing and has recovered very well after breaking it. It is expected that this will go up from here. Full position has been entered. Strong closing on hourly candle near the SL zone will be SL for this trade.
BERGER PAINTS BREAKDOWN ANALYSISthis one is for 16th AUG and im completely bearish with one because of the high wick we can on the latest candle and even in the previous highs.
-Happy Trading !!!
BERGER PAINTS Clean BreakoutThe idea here is about TECH MAHINDRA
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Crab Pattern Completed on a weekly chart.
2. Break out of Downtrend channel with good Volume.
3.Trading way above 20 EMA on weekly chart.
4. MACD over Signal line on weekly chart .
5. RSI is at 56.80 on a weekly Chart.
6. May retest the break out point and wait for reconfirmation to enter.
7. Hull Moving Average is a Buy Signal on a weekly chart.
Targets : Estimates based on Crab pattern provided on the chart for reference.
Disclaimer: “The above is an idea only and not any kind of financial advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!! Want to keep yourself updated with current market action, then please follow my profile for more analysis.
Cheers.
BERGER PAINTS IND Clean Brakeout The idea here is about BERGER PAINTS
Mentioned below are the points to be considered
Points as per TA on a Weekly Chart:
1. Crab Pattern Completed on a weekly chart.
2. Elliott's Wave Corrective wave completed and price has broken out of Downtrend channel with good Volume .
3. Trading way above 20 EMA on weekly chart.
4. MACD over Signal line on weekly chart .
5. RSI is at 56.80 on a weekly Chart.
6. May retest the break out point and wait for reconfirmation to enter.
7. Hull Moving Average is a Buy Signal on a weekly chart.
Targets : Estimates based on Crab pattern provided on the chart for reference.
Disclaimer: “The above is an idea only and not any kind of financial advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!! Want to keep yourself updated with current market action, then please follow my profile for more analysis.
Cheers.
Berger Paints Consolidation ended its time for BOOMERANG Target as shown in the figure :
Consolidated perfectly , Spike in Volume indicates uptrend . invest 30%
Stop loss 7% return 22%
BERGER PAINTS BERGER PAINTS - Absorption of supply inside a narrow range while momentum was building up all this time.
One can go long with a SL of 50 ema.
Good risk reward ratio here.
BERGERPAINTBerger paint is slowly moving up before the results. RSI is strong. But it can enter oversold zone when it gives a breakout
Bergerpaint looking for short term weaknessFor short to medium term : HH-HL formation was building up very well but with today's fall breaking below 19th April low HH-HL formation is breaking and there is a chance of turn around once again.
SL : 718 and target : 650
For Long term : for long term as well it looks weak at least till 600. after that one can start adding in positions.
BergerpBergerp made bullish abandoned baby on an hourly charts with good volumes.
Could be bought with mentioned stoploss & target
BERGEPAINT impotent levels #BERGEPAINT Berger Paints Ltd is an Indian multinational paint company, based in Kolkata, Bengal, India. This company has 16 manufacturing units in India, 2 in Nepal, 1 each in Poland and Russia. Wikipedia
Customer service: 1800 103 6030
CEO: Abhijit Roy (2012–)
Headquarters: Kolkata
Revenue: 6,365.82 crores INR (US$850 million, 2020)
Founded: 17 December 1923
Parent organization: U. K. Paints India Private Limited
Subsidiaries: Saboo Coatings Pvt. Ltd., STP Limited, Bolix S.A., MORE
BERGERPAINTS AnalysisFlag and Pole Pattern on shorter time frame
CMP: 735.20
Entry above 740
Target: 748-750
SL below 732
berger paint 1dtflook like good RR of 2.66 and have target of 765 and stoploss of 737 and make entry based on monday opening and closing
