BKG (BERKELEY GROUP HOLDINGS) has recently bounced from 50 EMA twice and is now looking set to reach a target 1 of 3955. Target 2 is 4240. Stoploss levels are 3750 and 3670. Exit the half the stock if it falls below 3750. Exit full if it falls below 3670.
Reason : Slight upside around 6915-35 then downward momentum to start triggering rapidly. Same condition throughout all global indexes. A bigger short move is ready to open its mouth.
Timeframe : Little upside in 3-4 days. then shorts.