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berger paints

Discussion in 'Technical Analysis' started by shwetagnema, Jan 11, 2013.

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  1. shwetagnema

    shwetagnema Active Member

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    if this stock moves up till 156-157, it can go to the target of 167 with a stop loss of 148....what do you say?
     
  2. krasquinha

    krasquinha Member

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    I feel it has a good support around 148 and if it breaks 155 , then i may move till 167.
     
  3. shabbir

    shabbir Administrator Staff Member

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    My support level would be 145
     
  4. m_padmakumar

    m_padmakumar Member

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    Can be entered at CMP (210) with SL 188. Views pl.

    Thanks
     
  5. shabbir

    shabbir Administrator Staff Member

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    Yes. Perfect levels
     
  6. shwetagnema

    shwetagnema Active Member

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    berger paints formed double bottom at 188. so if it crosses 201, it is a good buy with target 220 and stop loss 185......what's your view?
     
  7. shabbir

    shabbir Administrator Staff Member

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    Perfect levels
     
  8. kamat79

    kamat79 New Member

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    I think Burger Paints can be shorted below 192. I see it's going to be a downtrend so lesser volume. I suspect it will go down today (25-March)
     
  9. shabbir

    shabbir Administrator Staff Member

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    No way. It is in an uptrend.