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Borosil Renewables - Bullish buy
BOROSIL RENEWABLES LTD
Long
Borosil Renewables - Bullish buy
By Darshan1971
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Dec 18, 2024
1
Dec 18, 2024
This stock has following attributes after reversal and strong Price action support
1) Price > 50 DMA
2) 50 DMA > 200 DMA
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Consistently making daily high higher then previous high/closing since last 2 sessions
Targets as marked per the Fibonacci Retracement.
Ideas and Analysis is a academic exercise and no recommendation to BUY
Chart Patterns
Technical Indicators
Trend Analysis
Darshan1971
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