BERGEPAINT trade ideas
Berger Paint - Short term Range breakout targetBerger Paint is ranging in 636-356 range since last 9 session. Expecting the range to resolve and continue the upward trend.
Target is 670. A nice 2-3% move can be caught here.
Try and enter between 645-650 for the target of 670 with a stop loss of 636.
Bergepaint - Intraday Trade SetupBergepaint CMP - 643.10
Looking bullish in higher time frame and travelling in a channel. One can go for Intraday / Swing Trade setup with the following entry, stop loss & targets.
Buy at or Above ONLY 644 / Stop Loss 636
Target 1 - 647
Target 2 - 650
Target 3 – 655
Disclaimer: This is my view and for educational purpose only.
Momentum trading | Trading with strong trend this pattern works like magic. Just wait for the breakout , momentum will pick above our level... Risk reward ratio 1:3
Berger paints good short candidateBerger paints cmp 615
Bearish butterfly pattern formation on daily time frame
1.27AB = CD pattern formation confluence around same levels
pattern gets violated above 680 levels on closing basis
down side 10-15% fall possible
BERGEPAINT Daily BEARISH Deep Crab
Earlier this same Pattern given good reaction on Type1 entry & Hit Both Target ,now price again reached PRZ making its a TYPE2 Entry which is REVERSAL
POTENTIAL SELL
R-0211 Short Term Buy BERGEPAINT @578.00-580 SL 563.6 TGT 605Short Term Cash Buy BERGEPAINT @578.00-580 SL 563.6 TGT 605(Short term trend remains positive)
1. Above VWAP on 30 min chart.
2. TK cross over.
3. MACD cross over.
4. Broke R1 573 now heading toward R2 609.5 GO LONG
BERGER PAINT LONG INTRADAY (15 min candles) The following analysis is based on the concept of simple break and retest of previous resistance zone.
* The resistance zone of 560-560 was successfully broken as shown in the first arrow.
* The retest of the zone was followed next and the price can be seen bouncing off the newly created support zone which prior to this was resistance zone.
* can go long above 570 on monday (14th sep 2020).
* SL below 565
* TARGET 1 - 580
TARGET 2 - 585
Bergerpaint long#Bergerpaint above 582 target 590 595.If crosses 598 expect 625 640 675 750+ support 535 dcb
Berger paint formed Triangle pattern expected to have a breakoutBerger paint formed Triangle pattern expected to have a breakout on Monday.
berger paint in triangle pattern can break down /upberger paint in triangle pattern can break down /up
