BGR Energy Systems- Positional Buy

BGR Energy has been in strong uptrend forming a series of higher highs and higher lows. Last two days there has been good upmove again after some price and time retracement with good volumes. A important resistance zone was broken yesterday which is sign that bulls have regained control. The stock has formed a good rounding at the bottom ( Rounding Bottom),

Buy at CMP 180, sl 167 , Target 206, 230

Comment:

sl hit