Technicals for Berger Paints India Limited

Price Summary

The stock of Berger Paints India Limited experienced a -2.16% decrease, showcasing a lacklustre market performance.
On 2026-06-03, Berger Paints India Limited's stock opened at 507.0, spiked to 512.85, declined to 494.0, and closed -2.16% lower at 496.05, with 344452 shares traded.
The stock's peak price over the last 52 weeks is 600.15, with the lowest being 404.5.

Technicals

Support and Resistance: The current price of 496.05 for BERGEPAINT is supported at 466.15 and faces resistance at 509.9. These levels indicate that 466.15 could act as a floor, while 509.9 might limit any further price increases.


Aroon: Aroon's bearish trend remains strong, with Aroon Down consistently at the 100 level. This indicates sustained bearish momentum, but further analysis is required using other indicators to determine the trend's long-term effects.


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.


Parabolic SAR: The PSAR maintains a bearish outlook for BERGEPAINT, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.


Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.


Tripple Moving Agerage: The 20, 50, and 100 period moving averages are currently aligned in a bearish formation, reflecting a strong downtrend. Despite this, the slower SMAs appear to be losing steam, which might indicate a shift is on the horizon. This weakening bearish momentum could pave the way for a bullish reversal, as the market seems poised for a potential change in direction soon.


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.