BORORENEW trade ideas
Borosil Renewables - At an important Support- Great buy after a pullback
- Entry at 254.2 with stop of 218
- Strong Volumes
Buy Borosil RenewablesMy Idea is for educational purpose.
Buy Borosil renewables @244, SL-241 Target-10-20% in short term. Multibagger in Long term.
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 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
BORORENEWStock is giving inside for last two weeks and volatility has been reduced to 74% . It can be bought above 295 with SL of 277
POSITIONAL BORORENEW Buy in range @300-285 SL 265 TG 335-400BORORENEW Buy in range @300-285 SL 265 TG 335-400
A Clear Rounding Bottom Pattern Breakout On Weekly Chart.Borosil Renewables Ltd. has completed its rounding bottom formation and has given fresh breakout of rounding bottom pattern on levels of 149. Targets achievable from here will be 200-220 in around 2 weeks.
Borosil Renewables - Another Adani Green in Making??I strongly believe in this stock as green energy projects are yet to boom in 2021 and we are just a step away from welcoming BJP as winner once again.
Rest all depends on you and as I said, this is not a financial advice. Do your own research :)
DAILY SWING CALL // Tuesday 27th of October 2020 / BORORENEWDaily Swing Call for Tuesday 27th of October 2020 // NSE:BORORENEW
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade. //
CMP / LTP: 97.70
IDEAL BUYING RANGE*: 97.5-104.5
TARGET: 113 (15% Around) // 1st Target (Follow the post / me for 2nd Target)
STOP LOSS: 87 (10 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
Notes:
- *IDEAL BUYING RANGE: This is the pricing range if the stock corrects / gaps up after my buy call. If u don't want an aggressive trade, you can wait for a
"possible" (not guaranteed) correction. One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5%
range). This way the Risk Reward can be improved and profit can be optimised.
- Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis.
- Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period, but if SL / Target are not triggered and you still wish to
hold the trade, this can be done as long as SL is followed or trailed.
- All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions)
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade / invest at your own risk.
Boro renew 59 on 30 Jul (if it dips below 77 and stays below it)Boro renew 59 on 30 Jul (if it dips below 77 and stays below it)
