Key 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...
A 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...
In 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...
The 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Stoploss and targets are set based on historical references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
Stock 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.
Price 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"..
