Technicals looking very good for Borosil renewables. Gave a clear breakout with excellent volume. Fundamentals are also good. However, I do not intend to pick stock with low ROE, ROCE even though 3year average is a good number.
The idea here is about Borosil Ltd:
Borosil is India's most trusted glassware brand since 1962. Synonymous with heatproof glassware, it is the market leader for consumer glassware in India, USA & Netherlands.
mentioned below are the points to be considered.
Points as per TA on a Hourly, Daily &Weekly Chart:
1. Trading in Ranging Market(Daily chart) since 11th...
