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InvestSun
Aug 8, 2021 1:01 PM

Investment Idea || BOROSIL RENEWABLES Long

BOROSIL RENEWABLES LTDNSE

Description

Technically:
1. Weekly resistance breakout with good volumes during Dec,2020 week.
2. After seven months of consolidation poised well for another breakout.
3. Good Price-Volume action.
4. Technically, next stop around 530.

Fundamentally:
1. Sustainable business.
2. Healthy Quarterly/Yearly results.
3. Almost a Debt free company.

Potential Multibagger in coming years.
Comments
InvestSun
Update: Out from consolidation zone this week. Back to back upper circuits.
InvestSun
Update:
Still in Consolidation. 300 to 350 - Nice levels to accumulate.
InvestSun
Update:
Watch out for weekly close above 335 levels.
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