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Technicals for Berger Paints India Limited
By MusingTheNews
2025-08-15 20:25
Overall Technical outlook
Price Summary
On 2025-08-13, Berger Paints India Limited's stock began at 542.0, peaked at 542.0, bottomed at 530.65, and closed -0.85% lower at 537.4, with a volume of 332600 shares. The stock's highest value over the last 52 weeks is 625.15, and the lowest value is 441.0. Analysts' predictions indicate that BERGEPAINT's future price will be between 415.0 and 670.0, with a mean price expectation of approximately 569.5909.
Technicals
Support and Resistance: The price for BERGEPAINT is 537.4, with support at 505.25 and resistance at 537.6. This suggests a range where 505.25 acts as a base, preventing declines, and 537.6 caps gains, defining key trading levels. Support/Resistance for BERGEPAINT
Aroon: Aroon's bearish trend remains strong, with Aroon Down still at the 100 level. This suggests ongoing downward pressure. However, this trend should be further explored using additional indicators to gain a clearer understanding of its long-term significance. Aroon chart for Berger Paints India Limited
Bol. Bands: The price has crossed under the lower Bollinger Band, signaling that the market might be oversold. This downward movement suggests heightened selling pressure, which could mean a continuation of the bearish trend. However, prices falling below the lower band can also serve as an early warning of a potential reversal if buying interest picks up at these depressed levels. Bolinger Bands chart for Berger Paints India Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Berger Paints India Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for BERGEPAINT. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation. Stochastic chart for Berger Paints India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Berger Paints India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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