BOROSIL
Borosil Renewable LongBorosil Renewables has an operating revenue of Rs. 502.27 Cr. on a trailing 12-month basis. Annual revenue growth of 85% is outstanding, Pre-tax margin of 30% is great, ROE of 14% is good. The company has a reasonable debt to equity of 10%, which signals a healthy balance sheet.
BOROSIL RENEWABLES | TARGET ACHIEVED | NEXT TARGET TO WATCHNSE:BORORENEW
BORORENEW, today our target of 300 easily achieved. And now if it trades above 299 levels then next target to watch are marked on chart with red line.
Please note this is for positional trade.
BOROSIL RENEWABLES | TARGET AND LEVELS | 23-07-2021NSE:BORORENEW
Today, 22-07-2021. It followed FIBONACCI levels and opened on the critical level near 278. And then it gave a strong bullish rally.
If you see this shows now 278 is a great support level and now the bullish trend is confirmed.
Go long in this stock. Easy target will be 299-300. Once it breaks that level, I will post new targets for it.
Also do check my previous ideas about this stock and try to understand how price actions and levels are working in technical analysis.
Do comments if you have any doubt.
Also let me know if you find my ideas are helping you to understand price action and levels.
Borosil Renewable | Target & Levels | Go LongNSE:BORORENEW
Today BORORENEW tested uptrend line and get good support from it.
Also Today it closed at 278.35 which is almost the same as per Fibonacci level 278.45. Stock is on very critical level now. If it sustain above it on coming days then next easy target to watch will be 299-300.
INVESTMENT PICK: BOROSIL RENEWABLESIt is engaged in manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors, and Greenhouses.
This company is future-proof as it operates in the domain of renewable energy. And the increasing interest of institutions and investors towards non-financial factors (Example. ESG) while making investments for their long-term portfolio is also increasing.
Considering the technical aspect, after an excellent rally, followed by a consolidation, it is set on the trajectory to move on the upside again.
CMP= 287.95
Loving this breakout in Borosil Renewables NSE:BORORENEW
Today It took perfect support from Fibonacci level 278/278.45 and gave lovely breakout. This level will act as a key support Zone from now.
Buy and Hold BORORENEW for Short to Medium term. Next Target till 300. And once it crosses above 300 then it will be very bullish.
As Today's volume was above average so next few days there might come a correction to check demand from 282-283.
If you have any doubts/suggestions, write in the comment.
Bororenew at consolidation phaseBorosil now in consolidation phase. It is trading between 219 and 325. now it it trading at 279 after it touches support of 268 then it will reach 325.
BORO ltd - low risk high reward🍁 boro ltd 🍁
buy @ 181
strict sl 178(risk 3 points)
trgt 195-205-218-254
jackpot (just risk 3 points may be get huge reward)✨✨
just study ,if u r ready to risk 3 points just enter.
lets wait
it's a multibagger one in my view(only my view)
💠forming descending triangle
💠180-79 range acting as a major support and if it fall below that level just exit okay,otherwise hold
💠superb q3 published.
maybe it hit my sl but no matter because i am ready to take that risk of 3 point
like🔰comment🔰support
Accumulate BORORENEW TGT 350, 390Rounding Bottom with Cup and Handle Complete in Borosil Renewables.
Achieveable Targets TGT 350, 390+
*Only for Educational and Data Sharing Purpose. No stock buy or Sell Recommendation
BOROSIL Long Term Investors InterestLong term can be buy @ 180 to 190 with 160 spot stop loss long term for next 5 years it can outperformer
BOROSIL RENEWABLES.. SHORT TO MEDIUM TERM IDEACharts are my own trade.
Self Explanatory charts..
results tommorow on 12.02.2021
can retest but ultimately will go up and achieve all targets..
Small stop of 30 points .. R:R 1:4
GUJRAT BOROSIL studyGUJRAT BOROSIL could test 80 in coming days.
If 80 is broken then it could move towards the channel bottom
