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Technicals for Berger Paints India Limited
By MusingTheNews
2025-06-13 20:25
Overall Technical outlook
Price Summary
Berger Paints India Limited's stock began trading at 564.3 on 2025-06-12, soared to 571.6, dipped to 561.05, and finished the day 0.75% up at 568.55, with 520757 shares exchanged. Over the course of 52 weeks, the stock peaked at 625.15 and hit a low of 441.0. Based on recommendations from 21 analysts, the future price of BERGEPAINT is expected to range from 415.0 to 660.0, with an average price expectation around 537.4762.
Technicals
Support and Resistance: At 568.55, the price is held up by support at 554.1 and faces resistance at 584.95 for BERGEPAINT. This suggests a trading range where 554.1 provides a base and 584.95 limits upward movement. Support/Resistance for BERGEPAINT
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for BERGEPAINT. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Berger Paints India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Berger Paints India Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for BERGEPAINT. Parabolic Stop and Reverse chart for Berger Paints India Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Berger Paints India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for BERGEPAINT. Tripple SMA chart for Berger Paints India Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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