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
can go long if it consolidates and breaks higher. if it consolidates and breaks lower you can go short as well as it is trading near an important resistance in the daily tf.
Big Break out MACD has given buy signal in July on monthly time frame, last it was given in 2019 and it rallied 581 points from 360. Cup and handle BO. With immediate target 160 points. All levels are for education purposs
This idea Only for Educational knowledge & learning not provide any trading tips, before Trade Advice your Financial Advisor, I am not responsible Any profit and loss.
Bullish engulfing and some signs of trend Change, Safe players stay away. After the last time never Seen this chart but those lines also working flawless so attaching that also , Use play button to See that. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that...
A reverse head and shoulder is forming on the BERGER PAINT charts, have attached the Screenshot, could take entry once it gives a breakout and the confirmation of breakout above the blue line. Time line is expected to be less than 1 year
Today stock or it call stock of the weak *Berger paints India Ltd Fundamental analysis market cap 68451cr PE ratio 79.5 this High value compare to 1, 5&10 years, lower compare to 3years PE PEG ratio >1 to high ROCE 23.8 ROE20.4 Dedt to equity 0.6 EPS 8.85 Technical analysis Double bottom formation Near at resistance level of the double bottom Current level...
There is a weekly breakout in Berger Paint. Retest also completed. Good for swing trade for the target of 710. 🤞
NSE:BERGEPAINT One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
Berger Paints Looking great at CMP of 690. It may break it's all time high. A good rally is expected in this counter. It's previous support turning into resistance,once it crosses that resistance we can expect a targets of 800-900 in coming months.
Berger Paints is consolidation. At hourly time frame. Weekly Chart
NSE:BERGEPAINT 1. This stock are positive trend. 2. My chart pattern activate.
Berger Paint Looking Good For Buying for Double RR