Technical and Sentimental analysis of BERGEPAINT share price on 14th June 2021

BERGEPAINT forms Hanging man candlestick pattern

The pattern appeared at the top of the uptrend. This indicates the stock likely to go down. Better book profit by selling some of your shares

Book Profit

RSI indicates Neutral zone

RSI(14) value is 45.85, which is between 20, 80 and indicates Neutral zone. just hold your shares

Neutral

Recent brokerage reports

Broker	Date	Price on reported date	Recommendation	Target price	Current price	Target %Change	Current %Change	Possible %Change
ICICI Securities Limited	2021/06/03	800.55	Hold	835	810.7	4.3%	1.27%	3%
Chola Wealth Direct	2021/05/31	805.55	Sell	612	810.7	-24.03%	0.64%	-24.51%
Geojit BNP Paribas	2021/05/31	796.35	Sell	696	810.7	-12.6%	1.8%	-14.15%
Buy - 0 ...... Sell - 2 ..... Hold - 1				428.6	810.7	-6.47%	0.74%	-7.13%

Recent news

Date	Description
2021-06-04	Hold Berger Paints India; Target Of Rs 835: ICICI Direct
2021-06-02	Berger Paints has hiked price once and will do so again around July 1: CEO
2021-06-02	Asian Paints, Berger Paints: Can rising crude oil prices dent sentiment
2021-05-30	Why Berger Paints Share Fell Down 4% On Friday
2021-05-28	Analyst Corner Berger Paints: Maintain hold with DCF-based TP of Rs�800
2021-05-28	Covid Surge Wont Delay New Launches, Capex For Berger Paints
2021-05-28	Margin worries, valuations weigh on Berger Paints; stock falls 4%
2021-05-27	Berger Paints Share Price Falls 4% On Muted Q4 Results; Brokerages Maintain Underperform Rating
2021-05-26	Berger Paints Standalone March 2021 Net Sales At Rs 1,797.04 Crore, Up 52.96% Y-o-Y
2021-05-26	Berger Paints Q4 net profit at Rs 209 crore on revenue of Rs 2,026 crore
2021-05-26	Berger Paints Q4 standalone net dips 5% to 185 crore
2021-05-26	Berger Paints Q4 profit more than doubles to Rs 209 cr
2021-05-26	Berger Paints Q4 profit more than doubles to Rs 209 crore
2021-05-26	Berger Paints Q4 Profit More Than Doubles To Rs 209 Crore
2021-05-26	Results: Berger Paints Q4 profit more than doubles to Rs 209 crore
2021-05-26	Berger Paints India consolidated net profit rises 101.11% in the March 2021 quarter
2021-05-26	Berger Paints gains after Q4 PAT spurts to Rs 209 cr
2021-05-26	Berger Paints share price up 0.34 per cent
2021-05-25	Asian Paints, Berger Paints hit new highs, gain 15% in a month
2021-05-21	DMart, Berger Paints among 10 stocks that may fall short of earnings growth estimates

Summary

After analysing Technicals, Brokerage reports and News, we recommend

Book Profit