BORORENEW (1W TF) Swing Trade Analysis given on 29th November, 2023 (Wednesday) Pattern: FALLING WEDGE - Volume Spike from Demand Zone/Support - Done ✓ - Upper Resistance Breakout - In Progress - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #bororenew
Its a time tested pattern. Volume provides additional assurance.
Stock resisting around 450 zones multiple times, indicating strong resistance zone. However, the support levels are moving higher on the trendline. Stock expected to be bullish if sustains above resistance zone. Levels marked.
BORORENEW - Multiple pattern breakout Buy above 471 | Tgt 495, 515 | sl 455 This is my view and it may be biased, do your own analysis
1. Fibo 50% support 2. Trend Line Breakout with strong volume( weekly) 3. Previous resistance act as support
Borosil Renewable showing promise for 628 target on weekly basis Given a breakout today Immediate tgt is 536 weekly basis tgt is 630++ this is not a buy sell reco
Borosil Renewables Bullish Divergence seen look on dips around 421-417 for tp of 470 and stop of 398 on daily closing risk reward will be 2.77 positional play dc : only for educational and learning purpose
Borosil Glass Works manufactures scientific ware items and consumer ware items Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3....
🚀 Bullish vibes for Borosil Renewables! 📈 Breaking through monthly resistance, conquering the 200 EMA, and executing a slick pocket pivot. 🔄 Momentum in full swing, signaling potential growth ahead.
-potential breakout -high volume -above all crucial ema and sma -rsi and adx also showing strength
My view on Borosil Renewables CMP 466 Trendline breakout on DTF Round bottom formation in WTF MonthlyCPR is Narrow&Inside indicates strong move on the upside Support 438 #BORORENEW #nifty50 #stocksinfocus #breakoutstocks #multibagger
Stock was trading in a range for a long time and has finally given a breakout of that range with good volume. ..
BOROSIL RENE - Should give atleast 20-30% return in short term time frame..
BOROSIL RENEWABLES LTD- Looks good trade initiated
Looks like reversal on the cards for Borosil, expecting 468 in next few days without breaching 420 lvls.
Current Price is ~441 Currently trading near support levels. It is also forming W Pattern after recent down trend and now it may start upside move soon.
Good pick for swing trade. AVWAP : By plotting from ATH, we see lower band was tested thrice. Now we may expect a price break above lower band. Pin bar : Taking previous pin bar as bullish swing point, we get excellent Risk to Reward trade