Wednesday, 25 April 2018

STOCK FUTURE CALL FOR 26 APR 2018


 LIVE MARKET CALLS FOR TOMORROW FILL UP THE FORM GIVEN HERE>>>>>
BUY BERGEPAINT ABOVE 274 TGT 278/284 SL 265
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>
Market summary 25 APRIL 2018: The Sensex plunged nearly 180 points in the mid-session on heavy selling in metal, oil & gas, capital goods and banking stocks. Weak global cues, continued FII selling and the rupee's weakness dampened the domestic sentiment. Also, investors remained wary ahead of April F&O expiry on Thursday. Midcap IT stocks gain L&T Infotech surged as much as record 13%, Mphasis Ltd 4.1%, NIIT Technologies 5.4%, Persistent Systems 4.2%, Mindtree 3.6%, Cyient 3%. IT Stocks gains TCS rose 1.8%, Wipro Ltd rose 1.7%, Infosys 0.6%, HCL Technologies Ltd 1.3%, Tech Mahindra Ltd 1.3%.                                        
                          Berger Paints India Limited is engaged in the manufacture of paints and varnishes, enamels or lacquers. now BERGEPAINT  is trading in short term recovery phase,

it is likely to continue the upside move in near term with the crossing of the resistance level of 278 as the stock is managing to sustain above the level of 274.  It is likely to continue the positive movement with the breakout of the resistance levels of 278. And 22 and 55 , 200 days moving averages seen as support  level with the RSI of 66.  After breakout of 278 level, One may get the targets of 284,290 in the stock with the stop loss of 265. Thus the trend of the BERGEPAINT in the short term, medium term, and even the long-term timeframe continues to remain upwards.

DAILY CHART FOR BERGEPAINT


No comments:

Post a Comment