BERGEPAINT trade ideas
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
BERGERPAINT SELLBERGERPAINT SELL for day trading if stock break the upside downtrend line then we will enter in stock....
Berger Paints - 200DMA LongTermBerger Paints is one of the market leaders in paint industry , Which currently is trading below its 200DMA, A very good buying opportunity.
BURGER PAINTS (LONG)Broken 200 EMA with good volume
"W" pattern seen
Broken above trendline resistance and took support on it
Buy at CMP 770-780
TGT 802 - 828 - 857
SL 745
please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
BREAKOUT IN BERGER PAINTSPossibility of a breakout in BERGER PAINTS in Daily and Weekly timeframes.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
BergerTypical setup before breakout
Wait for breakout and retest before going long
This is just my view no recommendation
BERGER PAINTS (LONG)Ready for up move
Buy near 775
SL 750-745
TGT 799-833-858
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
High probablity of resistance breakout in Berger PaintsThere are multiple touches on resistance zone. Last 3 candles shows very high volume bullishness. It is more likely that price will break throuh the resistance.
BergePaint - best time to accumulateTrading below 200 EMA and have to bounce. Also Asian Paint may fall because of recent controversy in AP . All benefit will go to BP
BergePaint - best time to accumulateBergePaint - best time to accumulate as Asian Paint may fall because of recent controversy in AP. All benefit will go to BP.
BERGERPAINTS AnalysisReasons to trade: 1."M" like Pattern around 840-850 levels and then a huge breakdown
2. ST and MT Outlook: Short Buildup
3. Below 200EMA
4. Weekly all pivot levels broken
5. Both FII and DII have reduced their holdings on September quarter
Zone to watch out for: 725-736
Downside Target: 700-705
Above 736 don't trade
Berger Paints ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
BERGER PAINTSThe stock has formed a triangular pattern we can buy /sell if it breaks the triangle pattern.
Berger paint day chart bounceBerger is getting a day support , and ready to bounce back.
2% minimum profit expected from the current level
