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BOROSIL RENEWABLES Analysis

Long
NSE:BORORENEW   BOROSIL RENEWABLES LTD
What s up Traders,
Stock Of the day : Borosil Renewables (D)
Borosil Glass Works manufactures scientific ware items and consumer ware items
*Technicals :
Triangle pattern breakout
Aggressive Traders Can Enter right at the moment with SL below the candle
Conservative Traders can wait for a retest near 500 price level..
Stock has given a nice momentum of 15% in 3 days
*Fundamentals:
Current price is more than intrinsic value
P/E 77.5
Over the last 5 years, revenue has grown at a yearly rate of 2.32%, vs industry avg of 0.68% BORORENEW

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