BORORENEW Long Idea.....
Bororenewable looks good for me on Weekly Charts. It broke out weekly trendline resistance.
Broader market strength doesnt look good. So be cautious of Position sizing.
If market drags down bororenew along withit, then stock may settle at 500-540 zone. So this zone might be a good place for average.
NOTE: No idea of Fundamentals. Just a Technical view.
Broader market strength doesnt look good. So be cautious of Position sizing.
If market drags down bororenew along withit, then stock may settle at 500-540 zone. So this zone might be a good place for average.
NOTE: No idea of Fundamentals. Just a Technical view.
Trade active
Price sustained above weekly support for last 5 weeks. Looks strong.
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