Berger Paints Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Berger Paints closed the previous week on a negative note losing 4.00%
Technically, Berger Paints share price will see immediate support at 666.10 and immediate resistance would be seen at 693.85
If Berger Paints share price closes below immediate support of 666.10, then sharp breakdown can be seen. Berger Paints share price will see major support at 652.55 for the week.
On the positive side, immediate resistance will be seen at 693.85. Closing above 693.85, Berger Paints share price will see a sharp breakout. Major resistance for Berger Paints share price will be seen at 708.05 for the week.
Trading range for Berger Paints share price for this week should be between 638.35 on down side and 721.60 on up side.
Berger Paints Previous Week High: 694.5
Berger Paints Previous Week Low: 666.75
Berger Paints Previous Week Range: 27.75 Points
Berger Paints share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 721.60 |
Resistance 2 | 708.05 |
Resistance 1 | 693.85 |
Support 1 | 666.10 |
Support 2 | 652.55 |
Support 3 | 638.35 |