1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Berger Paints

Discussion in 'Technical Analysis' started by srspriya06, Apr 12, 2013.

  1. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    It forms triple top . .. wats ur view on this stock?
     
    srspriya06, Apr 12, 2013
    Share #1
  2. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    Yes.. I agree with you that it has formed a triple top.. Stock might see a downtrend from now onwards.. Just be cautious if you are entering into this..
     
    vishuhd1, Apr 12, 2013
    Share #2
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Unless stock cracks 185, I would not go short on this stock
     
    shabbir, Apr 12, 2013
    Share #3
  4. kamat79

    kamat79 New Member

    Joined:
    Aug 28, 2012
    Messages:
    76
    Likes Received:
    1
    My reading about this is -
    On Monday this stock will open gap down, and go way down further. :) Good to short on Monday morning before 10:30.
     
    kamat79, Apr 12, 2013
    Share #4
  5. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    News on Berger Paint is :
    It sets floor price of rs.185/sh.
    Wat does it mean.. ?
     
    srspriya06, Apr 12, 2013
    Share #5
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    You are referring to this
     
    shabbir, Apr 13, 2013
    Share #6
  7. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    yes this s the news i reffered
     
    srspriya06, Apr 13, 2013
    Share #7
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Some big investor is willing to sell their shares at a minimum price of 185 Rs.
     
    shabbir, Apr 13, 2013
    Share #8
  9. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    after touching 185, it is making a small upward flag....can we consider it a positive signal for the stock or such small flags don't matter much
     
    shwetagnema, May 3, 2013
    Share #9
  10. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    [​IMG]
     
    shwetagnema, May 3, 2013
    Share #10
  11. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    With a stop loss of 190, I think we can consider this.
     
    shabbir, May 3, 2013
    Share #11
  12. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    Berger paint has reached 52 wk high. Is it better to hold the stock?
     
    srspriya06, May 9, 2013
    Share #12
  13. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Booking partial profit at targets is always preferred.
     
    shabbir, May 9, 2013
    Share #13
  14. kamat79

    kamat79 New Member

    Joined:
    Aug 28, 2012
    Messages:
    76
    Likes Received:
    1
    It's in uptrend, I see a long uptrend in future.
     
    kamat79, May 9, 2013
    Share #14
  15. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    Yesterday this stock has formed long red candle. Wat does it mean?
     
    srspriya06, May 15, 2013
    Share #15
  16. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    I would say profit booking.
     
    shabbir, May 15, 2013
    Share #16