Sell call on BGR energy systemsSell BGR energy systems
Current price 85 rs.
1st target 73 rs.
2nd target 62 rs.
Stop loss 87 rs.
BGRENERGY
BGRENERGY- VCP 3 PatternVolatility Contraction Pattern 3 seen in weekly chart, blasting above 70 can take it to 99.
Bullish View on BGR Energy System. NSE:BGRENERGY
After locked in 20% upper circuit along with price and volume action stock has given a huge upside breakout of rising uptrend pattern that on weekly chart also momentum indicator has given a positive crossover. Which indicates that in days to come that we may stock may hit towards 100 Rs level which is now act as immediate resistance if close above that then I won't be surprise it may hit towards 120-130 level as level. Saying that there is always risk associate in every stock so in this stock Support is Rs 75 if close below that then again it may go into sideways.
