BOROSIL RENEWABLESBOROSILRENEW is Breaking out from a range after a long period and the stock is getting ready for absolute stunning rally in the coming months. Targets are punched in the chart.
NOTE: I'm not a SEBI REG. Study before investing.
Borosilglass
Ascending Triangle in Borosil Ltd There is a ascending triangle pattern formed in Borosil Ltd in the monthly charts and a breakout has been observed this month, though there are couple of trading sessions left for the month to be complete.
This pattern is a bullish pattern and the price can touch 630 in the coming months
Borosil Glass - LongBorosil Glass is trading at value buying zone - Long .Good pick for investment for a horizon for 1-2 year. Price has correct from highs of 400 with no follow up volume. Other details are mentioned in chart itself. Must consider stock.
Borosil limited breakout#boroltd
Borosil limited has given strong breakout.
Keep an eye
Can add 50% of trading amount now and rest at pullback.!!!
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
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
BOROSILBOROSIL - Structure of the stock is of lower top lower bottom
However stock has reached near its all time all, so just added in my tracking list to find any probable trade.
Borosil Glass: Bullish UndertonePrice has bounced off the centre-line or the medianline of the red action-reaction set. It is apparent that the line is in sync with the price and I will not be surprised to see a rally to the top red line or the "Reaction Line". Am already long in this stock and looking to add more. Stock listed only at the Bombay Stock Exchange and not traded at NSE.
