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(BERGEPAINT) Berger Paints complete technical analysis [charts+indicators] | Buy/Sell Berger Paints | (BERGEPAINT) share price targets

Complete technical analysis of Berger Paints (BERGEPAINT) by charts plus indicators, forecast predictions and share price targets for Berger Paints (BERGEPAINT)

Berger Paints trades in NSE in Furniture-Furnishing-Paints sector.

Showing technical analysis as on 2024-03-13 View latest technical analysis

10 day averaged volume of Berger Paints is 1922773

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	556.75	566.75	570.15	553.25	0.408 times
12 Tue Mar 2024	563.85	574.15	576.30	562.25	0.267 times
11 Mon Mar 2024	576.35	573.40	583.90	569.00	0.412 times
07 Thu Mar 2024	573.40	576.95	583.55	570.05	0.483 times
06 Wed Mar 2024	577.80	575.10	585.00	567.15	0.358 times
05 Tue Mar 2024	576.30	575.50	581.75	570.00	0.374 times
04 Mon Mar 2024	578.90	594.65	594.65	574.35	0.583 times
02 Sat Mar 2024	593.15	588.85	603.80	585.05	0.097 times
01 Fri Mar 2024	589.15	589.30	595.15	579.00	2.678 times
29 Thu Feb 2024	606.70	558.05	620.60	556.00	4.184 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 559.1, but if it comes above 559.1, then a intra day buy could be more profitable.
If you take a sell trade below 559.1, then use 559.1 as stoploss and 543.8 as target. However if you take a buy trade in stock , then use 559.1 as stoploss and 571.91 as target.

Share price targets for Berger Paints (BERGEPAINT)

Target Type	Value
Downside Target	541.15
Upside Target	575.85
Upside Target	583.90
Upside Target	592.65
Upside Target	594.65
Upside Target	603.80
Upside Target	607.00
Upside Target	609.00
Upside Target	620.60

Intraday share price targets for Berger Paints (BERGEPAINT)

Target Type	Value
Downside Intraday Target	545.37
Downside Intraday Target	533.98
Upside Intraday Target	576.02
Upside Intraday Target	595.28
Upside Intraday Target	564.63

Weekly technical analysis of Berger Paints (BERGEPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	556.75	573.40	583.90	553.25	0.605 times
07 Thu Mar 2024	573.40	594.65	594.65	567.15	0.208 times
02 Sat Mar 2024	593.15	562.00	620.60	555.00	4.057 times
23 Fri Feb 2024	571.90	564.50	575.85	553.10	1.179 times
16 Fri Feb 2024	562.90	553.95	564.35	545.45	0.415 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Berger Paints (BERGEPAINT)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	556.75	589.30	603.80	553.25	0.377 times
29 Thu Feb 2024	606.70	565.55	620.60	543.45	1.71 times
31 Wed Jan 2024	565.15	607.50	609.00	542.55	0.582 times
29 Fri Dec 2023	604.65	576.00	607.00	562.70	1.891 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Berger Paints (BERGEPAINT)

Price action analysis of Berger Paints ( (BERGEPAINT) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Berger Paints ( (BERGEPAINT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Berger Paints ( (BERGEPAINT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Berger Paints ( (BERGEPAINT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Berger Paints stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Berger Paints in short term and the sell signal is strong.

Berger Paints Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Berger Paints in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Berger Paints is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 591.8 and Berger Paints (BERGEPAINT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Berger Paints (BERGEPAINT) stock. Volume based technical analysis of Berger Paints (BERGEPAINT) stock is negative.

Berger Paints Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.