59.8 is the stop loss!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
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),