Borosil 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.
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.
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.
It 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...
Price 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.