Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-12 View latest technical analysis

10 day averaged volume of Berger Paints is 603896

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	556.75	561.70	563.00	555.40	0.54 times
10 Wed Apr 2024	561.70	559.00	562.70	555.10	0.513 times
09 Tue Apr 2024	555.75	560.00	564.45	555.00	0.58 times
08 Mon Apr 2024	560.00	562.15	564.55	557.00	0.53 times
05 Fri Apr 2024	562.15	555.65	563.35	555.00	0.545 times
04 Thu Apr 2024	558.65	564.90	565.25	555.10	1.313 times
03 Wed Apr 2024	561.05	569.50	570.40	560.05	0.998 times
02 Tue Apr 2024	571.70	566.45	574.00	563.25	0.619 times
01 Mon Apr 2024	566.45	570.00	573.35	565.00	0.943 times
28 Thu Mar 2024	573.05	564.00	586.00	561.00	2.56 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 553.9 as stoploss in an intra day buy trade for a target of 560.02. However, stock will show a bearish move below 553.9.

Share price targets for Berger Paints (BERGEPAINT)

Target Type	Value
Downside Target	542.25
Upside Target	564.55
Upside Target	574.00
Upside Target	583.90
Upside Target	586.00
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	552.98
Downside Intraday Target	549.22
Upside Intraday Target	562.53
Upside Intraday Target	568.32
Upside Intraday Target	558.77

Weekly technical analysis of Berger Paints (BERGEPAINT)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	556.75	562.15	564.55	555.00	0.49 times
05 Fri Apr 2024	562.15	570.00	574.00	555.00	0.882 times
28 Thu Mar 2024	573.05	555.35	586.00	554.00	0.931 times
22 Fri Mar 2024	558.35	557.80	559.90	542.25	0.996 times
15 Fri Mar 2024	557.80	573.40	583.90	549.05	0.944 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
12 Fri Apr 2024	556.75	570.00	574.00	555.00	0.217 times
28 Thu Mar 2024	573.05	589.30	603.80	542.25	0.635 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

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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Berger Paints ( (BERGEPAINT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Berger Paints stock for short term is BUY. Signal strength is Weak and stock is gaining 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 564.79 and Berger Paints (BERGEPAINT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.