NSE:BERGEPAINT (Summary For Intraday Trader) There Could be a Slight Drop-down from 450.55 to 448.65 Retracement Rally (buy) up-to 455.10 From 449 Short ( Drop-down ) From 455.10 to Expect 443 If major Resistant of 443 Could be Broken Short From 440 To Expect 416 (Swing)
NSE:BERGEPAINT (Summary For Intraday Trader) There Could be a Slight Drop-down from 450.55 to 448.65 Retracement Rally (buy) up-to 455.10 From 449 Short ( Drop-down ) From 455.10 to Expect 443 If major Resistant of 443 Could be Broken Short From 440 To Expect 416 (Swing)
ROUNDING TOP IS A BEARISH PATTERN AND IT USUALLY SHOW EXPECTED REVERSAL IN THE ONGOING TREND. TAKE POSITION ON BREAKOUT AND EXIT ON NEXT SUPPORT OR MAJOR SIGN OF WEAKNESS. BREAKOUT SHOULD BE SUPPORTED WITH VOLUME. CONSULT YOUR ANALYST BEFORE MAKING DECISION .
bergerpaint - 555 by 28th April
Bergepaint - 492 by 24th April.
BUY BERGEPAINT (Berger Paints India Ltd) ABOVE 532
30-March-2020 SPOT: BERGER PAINTS SUPPLY ZONE @ 498 IF SUSTAINS ABOVE 498 IT WILL HEAD TO 540, IF FAILS TO MAINTAIN 498 LEVEL, IT WILL FALL TO 460 LEVELS Days: 2-5 Sessions
SPOT: BERGER PAINTS SHORT CMP 545 SL 558 TGT 527 & 521
BUY BERGEPAINT (Berger Paints India Ltd) ABOVE 585
BUY BERGER PAINT FOR 2-3 MONTHS EXPEXTED TARGET 415
Price has broken out of a trading range with a volume spike. Pay attention to the expansion in the Bollinger Bands. Interesting stock again. Watch out !!