BERGEPAINT - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

🎨 Intraday Trade Analysis – BERGEPAINT

IntraDay Trade Rating: 3.8

BERGEPAINT presents a cautiously optimistic intraday outlook today. It’s trading near support, has impressive volume, and solid fundamentals. But bearish technical cues like negative MACD temper enthusiasm slightly. This setup calls for nimbleness, not aggression.

📊 Technical Breakdown

Current Price (₹572) sits just above 50-DMA (₹566) and comfortably above 200-DMA (₹539) — technical support is nearby.

RSI (50.3) is neutral — neither oversold nor overbought.

MACD (-0.97) is bearish, but close to zero — suggesting potential crossover soon.

Volume (6.72L) is well above average (3.81L) — shows increased trader interest, a bullish undertone despite muted indicators.

💰 Fundamental Support

ROCE (24.9%) / ROE (20.3%): Strong returns and management efficiency.

Debt-to-equity (0.11): Clean balance sheet.

PEG Ratio (4.60): High — valuation stretch vs growth, may restrain upside.

P/E (57.0) vs Industry PE (45.4): On the expensive side, but common in consumer durable leaders.

EPS (₹10.1) + Qtr Profit Growth (18%): Solid performance.

🎯 Intraday Trading Strategy

✅ Entry Plan (New Position)

Buy Zone: ₹568 – ₹572 (near 50-DMA bounce with confirmation candle)

Profit Target: ₹578 – ₹584 (mild resistance from recent pivots)

Stop Loss: ₹564 (just below 50-DMA to protect capital)

🔍 Exit Plan (If Already Holding)

Look for these cues before exiting

Price stalls under ₹575 despite strong volume post 1:30 PM IST.

RSI dips below 47 and MACD widens negatively — points to momentum fade.

Volume starts declining below 5L after mid-session — signals waning interest.

🕒 Best Exit Window: Between 2:15–2:45 PM IST, especially if resistance around ₹578 proves sticky.

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