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Views on Berger paints

Discussion in 'Technical Analysis' started by ashu_kumar, Mar 17, 2017.

  1. ashu_kumar

    ashu_kumar New Member

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    nirajshah likes this.
  2. raja_praveen

    raja_praveen Champion

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    https://www.diytechnicalanalysis.co...rger-paint-ready-to-breakout.2530/#post-13531

    Berger paints is ready to explode as per the charts . This was already discussed Kindly click the above link for more info.

    stock has potential to rise upto 245/255/266 levels strict SL 221 (short term)
    this was a beaten stock acquire at good levels. Its peers like asian paints,jenson etc are moving good and we can xpect a good move in berger shortly
     
    nirajshah, shabbir and dev like this.
  3. aboobacker_moidu

    aboobacker_moidu New Member

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    nirajshah likes this.
  4. raja_praveen

    raja_praveen Champion

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    TATA MOTORS FORMED BEARISH ENGULFING PATTERN ON FRIDAY.
    IT SIGNIFIES THERE WILL BE MORE SELLING PRESSURE IN COUNTER.
    ITS NOT ADVISABLE TO BUY UNLESS STOCK CLOSES ABOVE 482-484 WITH GOOD VOLUMES.
    IF BREAKS 472-471 SUPPORT YOU MAY SHORT THE STOCK (POSITIONAL)ON MONDAY.

    https://www.diytechnicalanalysis.com/community/threads/tata-motors-gap-special.2520/

    CHECK THE ABOVE LINK. , ALREADY WE ARE LONG ON TATA MOTORS FROM 450 LEVELS FOR A TARGET OF 500. WILL KEEP STRICT SL 472 SUPPORT LINE. IF SUPPORT BREAKS THERE WILL BE HUGE SELLING AND OTHER FACTORS LIKE GST/DEMONITIZATION ETC MAY HAVE ITS EFFECTS .
     
    nirajshah likes this.
  5. raja_praveen

    raja_praveen Champion

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    AS DISCUSSED TATAMOTORS CLOSED RED. A PUSH ABOVE 491-493 WILL GIVE MOMENTUM TO THIS COUNTER >>BUY AGAIN.