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(BGRENERGY) Bgr Energy complete technical analysis [charts+indicators] | Buy/Sell Bgr Energy | (BGRENERGY) share price targets

Complete technical analysis of Bgr Energy (BGRENERGY) by charts plus indicators, forecast predictions and share price targets for Bgr Energy (BGRENERGY)

Bgr Energy trades in NSE in Heavy Electrical Equipment sector.

Showing technical analysis as on 2024-02-09 View latest technical analysis

10 day averaged volume of Bgr Energy is 1536493

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	107.80	112.80	115.15	104.10	0.832 times
08 Thu Feb 2024	111.85	113.80	117.00	109.75	2.397 times
07 Wed Feb 2024	114.00	95.15	114.00	95.15	5.352 times
06 Tue Feb 2024	95.00	94.65	95.80	93.50	0.192 times
05 Mon Feb 2024	94.65	93.65	97.05	92.65	0.362 times
02 Fri Feb 2024	93.00	93.20	96.55	92.20	0.473 times
01 Thu Feb 2024	92.90	94.85	95.10	92.50	0.194 times
31 Wed Jan 2024	94.15	92.85	95.15	92.50	0.22 times
30 Tue Jan 2024	92.40	94.25	95.60	92.00	0.304 times
29 Mon Jan 2024	93.55	95.60	96.65	93.10	0.271 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 104.2, but if it comes below 104.2, then a intra day sell could be more profitable.
If you take a sell trade below 104.2, then use 104.2 as stoploss and 97.89 as target. However if you take a buy trade in stock , then use 104.2 as stoploss and 111.7 as target.

Share price targets for Bgr Energy (BGRENERGY)

Target Type	Value
Downside Target	68.05
Downside Target	72.00
Downside Target	85.10
Downside Target	89.10
Downside Target	92.00
Downside Target	94.50
Downside Target	96.65
Downside Target	102.50
Downside Target	104.45
Upside Target	117.00
Upside Target	119.25

Intraday share price targets for Bgr Energy (BGRENERGY)

Target Type	Value
Downside Intraday Target	94.63
Downside Intraday Target	81.47
Upside Intraday Target	118.98
Upside Intraday Target	130.17
Downside Intraday Target	105.82

Weekly technical analysis of Bgr Energy (BGRENERGY)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	107.80	93.65	117.00	92.65	6.252 times
02 Fri Feb 2024	93.00	95.60	96.65	92.00	0.726 times
25 Thu Jan 2024	94.85	101.70	102.50	89.10	0.346 times
19 Fri Jan 2024	100.85	97.40	104.45	94.50	1.089 times
12 Fri Jan 2024	91.65	94.10	97.55	86.10	1.281 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bgr Energy (BGRENERGY)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	107.80	94.85	117.00	92.20	0.541 times
31 Wed Jan 2024	94.15	98.15	104.45	86.10	0.664 times
29 Fri Dec 2023	97.20	88.00	119.25	85.10	1.693 times
30 Thu Nov 2023	87.45	76.30	97.70	72.00	0.926 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bgr Energy (BGRENERGY)

Price action analysis of Bgr Energy ( (BGRENERGY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bgr Energy ( (BGRENERGY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bgr Energy ( (BGRENERGY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bgr Energy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bgr Energy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bgr Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bgr Energy in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bgr Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 109.14 and Bgr Energy (BGRENERGY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Bgr Energy (BGRENERGY) stock. Volume based technical analysis of Bgr Energy (BGRENERGY) stock is negative.

Bgr Energy Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.