look 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 SELL for day trading if stock break the upside downtrend line then we will enter in stock....
Berger Paints is one of the market leaders in paint industry , Which currently is trading below its 200DMA, A very good buying opportunity.
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.
Possibility 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.
berger paint , diamond pattern breakout, buy 750-60 target 840, 960
Typical setup before breakout Wait for breakout and retest before going long This is just my view no recommendation
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.
This is a good break out with volumes after consolidation
There 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.
Trading 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 accumulate as Asian Paint may fall because of recent controversy in AP. All benefit will go to BP.
Reasons 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 ...
Berger Paint on good support area. Looks good for a long position!
The 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.
The stock has formed a triangular pattern we can buy /sell if it breaks the triangle pattern.
Berger is getting a day support , and ready to bounce back. 2% minimum profit expected from the current level
RISK REWARD RATIO 1:2 and trail further ...trend analysis..