consolidation long retested zone high chances for the breakout.
🎯The chart is pretty self-explanatory as always! 🎯 With Asian paints into valuation trouble and JSW entering the affordable paints domain, Berger paints will too have an impact. 🎯 Although, the price action is worth keeping an eye on. ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language...
With crude oil prices settling down after the crisis of 2022 & rise in private demand the stock has delivered steady rise in QoQ and YoY increments in both revenues and profits. The stock can prove out to be one of the highest beneficiary of peaking interest rates and recent boom observed in the realty sector. Stock is showing tremendous support near the bottom of...
Berger paints touch the ATH and currently these stock move in bearish tone for 2 years. For option trader open a PE short call till 350rs and book profit acc to small Target support. For equity traders in this stock you don't buy any stock from now wait for 350 price level or more down. For more chart analysis comment me in this post.
The stock seems to have fallen in an bearish impulsive wave between Sep-Oct 2023. After this very fall the stock was in a complex triple three correction for almost 3 months. The impulsive fall has been labeled as wave "A" and the stock has already begun the Wave "B" fall in the month of Jan.2024. Wave "B" is projected going towards the INR 480 area. 580 will...
Intraday buyside trade if it gives good breakout on 5 min. bullish engulfing candle
as a beginner in stock market as of my book knowledge it shows swing moment. i am expecting that it would give at least 2 % increase within few candles. because as of my knowledge and sources the 3rd quarter of bergerpaints gives best results . they have taken fair market share in paints from the last quarter. and also it gives good results in final quarter to...
Near support zone. Long term target 680 Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Observing previous swings from Oct 23, 2023, attempts are made to breach the resistance, not able to breach strongly but in each attempt new higher high is set in every swing. Based on past swing reversals, I am expecting a hammer tomorrow and hope we can capture around 7% profit in next week. Today I have averaged this stock and I am going to pyramid if a...
Berger Paint bullish above Mentioned Level. Only for practice.
berger paint 4h time frame buy@ 593 target@ 599, 605, 611.55 channel breakout risk reward 1:1 its just a view trade@ your own risk sl@ 575.65
It is in the format of reverse head and shoulder pattern and ready for the breakout
BERGEPAINT 558 TGT 667 SL 523 Return 20% RR >3 Time Frame Positional Trades Trade Idea Recommended By Rachit Sethia Shared with 💚
Greetings, fellow traders! Today, let's dive into NSE:BERGEPAINT Here's what's unfolding: Historical Downward Trend: For the past two and a half years, this stock has been in a downward spiral. But June brought a twist, as it broke its resistance trend line and started an upward journey. Retesting the Resistance: Now, it's retracing to retest the...
The chart is self-Explanatory :) If it helps you in anyway, give us a like and a follow :)
In weekly time frame, => Near prize reversal zone => Harmonic crab pattern
1.50 moving average upside 2.volume increase Target show in chart. These are swing idea's which you can add your watchlist and analysis for yourself. Keep on radar. Potential upside stock! This content for only education purpose! I am not SEBI Register.
Berger Paints is the 2nd Largest paint company in India, the 4th Largest paint company in Asia, and the 7th Largest decorative paint company in the world. IT HAS FORMED REVERSE HEAD NAD SHOULDER PATTERN. CURRENT PRICE-709 TARGET PRICE-842 we can expect min 23% return