BGRENERGY trade ideas
BGRENERGY 1:4 RR trade set up1. Trade set up: Cup & Handle
2. RR: 1:4+
3. Trend: Bullish
4. Confluence of support
BGRENERGYKey points:))
1)Multi-year break-out try . With continuously volume rise day by day .
2)Make cup and handle pattern
3) small cap company
4)high risk ..
If the break out like chart pattern wait and entry after retext bcoz stock is high risk
Holding
Promoters :- 75 % but high pledged promoter holding
Fll&DII. :- o.27 %
Retails :- 24.75%
for MORE check in my TradingView ID
If You LIKE MY Idea ......Boost... its "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
weekly bullish patter in BGR EnergyA Inverted Head & Shoulder Chart Pattern Breakout happened on the Weekly Time frame of NSE:BGRENERGY
Price Action supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
One can initiate the long trade as per the level mentioned on the chart
Stop loss will be on a Daily closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for Educational Purpose only.
BGR Energy System Analysis Stock has given BO on all TF with good volume build up forming Cup and handle pattern, follow chart for proper support and resistance levels.
BGR ENERGY SYSTEMSMADE CUP AND HANDLE PATTERN IN DAILTY CHART.
current price78
can take with SL 68 & short term TGT 88.
BGRENERGY Falling Trendline BreakoutIn this analysis, we will delve into the technical aspects of BGRENERGY's weekly chart. We'll explore significant patterns and indicators that suggest potential trading opportunities.
1. Breakout of Weekly Falling Trendline:
The most prominent feature on the chart is the breakout of a weekly falling trendline. Such breakouts often indicate a shift from bearish to bullish sentiment. This is a significant technical development, as it suggests a potential reversal or continuation of the trend.
2. RSI Confirmation:
The breakout on the Relative Strength Index (RSI) adds strength to the breakout from the falling trendline. RSI is a momentum oscillator that measures the speed and magnitude of price movements. A breakout on the RSI typically corroborates the price breakout, making the bullish scenario more robust.
3. Cypher Harmonic Pattern:
A notable technical pattern on the chart is the presence of a Cypher Harmonic Pattern. This pattern is recognized for its predictive power in forecasting price movements. In this case, it suggests a potential target of ₹102.
4. Shark Harmonic Pattern:
Furthermore, a Shark Harmonic Pattern is identifiable, pointing to a potential target of ₹111.6. Like the Cypher pattern, the Shark pattern is valued by traders for its forecasting abilities.
Proposed Trade Strategy:
Considering the insights from the chart analysis, here's a proposed trade strategy:
Entry: Given the breakout from the falling trendline, favorable RSI confirmation, and the presence of harmonic patterns, initiating a long position at the current market price (CMP) of ₹73.4 seems logical.
Stop Loss (SL): To manage risk, it is advisable to place a stop loss at ₹64. This level is strategically chosen to allow for minor price fluctuations while safeguarding against unexpected adverse movements.
Targets:
Target-1: The first target at ₹84 aligns with the bullish implications of the Cypher Harmonic Pattern.
Target-2: The second target at ₹102 corresponds to the potential target from the Cypher pattern.
Target-3: The third target at ₹111.6 coincides with the target indicated by the Shark Harmonic Pattern.
Conclusion:
The technical analysis of BGRENERGY's weekly chart provides a compelling case for a bullish outlook. The breakout from the falling trendline, RSI confirmation, and the presence of both Cypher and Shark Harmonic Patterns collectively indicate an opportunity for upward price movement.
However, it's important to acknowledge that trading carries inherent risks, and no analysis can guarantee specific outcomes in the dynamic stock market. Market conditions can change rapidly, so it's crucial to monitor your positions closely, adhere to risk management practices, and consider your overall investment strategy. Consulting with financial professionals is advisable before making significant trading decisions.
BGR ENERGY SYSTEMS upmove candidateBGR ENERGY SYSTEMS upmove potential.
Entry - Closes above 64
Target - 75/86
SL - Close below 21 EMA
Study the stock & trade responsibly.
10% returns in just 4 trading session 🔥🔥This scrip was posted on 18 th Aug and so far it has given 9% returns in just 4 trading session. Thanks to all 🙏🙏🙏
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
TLBO on BGRENERGY Daily chart with 200 ema supportTLBO on BGRENERGY daily chart with good volume . BO candle also had BO on 200 ema. Good RR trade -- Buy near 76-77 Target 104,124 SL 63
BGRENERGY - Multi year breakoutThe stock is moving up forming a good cup and potential chance of forming a small cup before moving to the next target.
Stoploss and targets are set based on historical references
**Educational Content and Not a Stock Recommendation.**
~G
BGR Energy Monthly ChartStock has given a good breakout,
CMP 118
Accumulate and Buy any dips to 85 levels.
Keep SL as 50 on clbs
164/213 targets.
Expecting Targets to come within a Year or 2.
BGRENERGY Trend Analysis1BGRENERGY
1. rising wedge pattern breakout
2. retest after expect target level
BGRENERGYPrice has broken the channel pattern as well as the higher time frame trend line with a huge bullish candle now the price can continue the momentum or consolidate from the IMP level and retest the channel pattern and then continue its uptrend.."EDUCATIONAL PURPOSE"..
BGR Energy Systems Limited Multiyear Breakout.BGRENERGY has given a very good breakout in weekly timeframe keep a eye on it could be a good stock for your portfolio.
BGR Energy bullish and about to give break outBGR Energy is at breakout level.
BGR Energy has formed cup and handle pattern.
It has a good trendline support.
Volume is increasing. Keep an eye
RSI also showing positive momentum and a good pattern to support.
Power shares are getting powerful.
Note: This is for educational purpose. Pls invest as per your understanding and risk management.
Short Term pick up ✌✌✌This scrip is expected to give short term returns as it had a formed a beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
BreakoutBGRENERGY microcap Stock is in uptrend. Investor can take calculated risk in this stock and consult your financial advisor before investing in this stock. Cmp is 66.10
Target 1:68.1
Target 2:71.6
Target 3:81.65
Swing Long BGR EnergyBGR Energy
NSE:BGRENERGY
Cmp - 66
Stop - 55 on DCB
Expectation -
T1 - 80
T2 - 115, Review at 80
Expected Holding Period - 20 trading days or earlier for T1
View:- Swing
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long BGR...long term reversalBGR Energy CMP - 55
Stop - 45 on DCB
Expectation -
1 - 71
2 - 108, Review at 108
Expected Holding Period - 120 trading days or earlier
