Stock name = Borosil Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I...
NSE: BOROLTD is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain...
sl 421 on dcb dated 23 jul 23
entry above 430
target 447/497
then after 497, a little correction and if sustained above 470 for
few days, break out above 500 and all time high cleared.
vol down while correction and up while going upwards.
this share is on-demand line
Borosil Renewables Ltd (BRL) is the largest non-Chinese solar glass producer globally, with around 35 per cent market share in India. "As India is planning to enhance its solar capacity 6x-7x over FY22-FY30, BRL is well-placed to leverage the robust growth opportunity
NSE:BOROLTD
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and...
Before identifying the inverted head and shoulders, we should see the trendline starting in October 2021 near ₹260 till the recent one near ₹420. It reversed from there after touching.
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Now if we combing the Inverted Head and Shoulder structure , we can see that after it broke the neckline (blue horizontal line).
After breaking it touched the resistance and...
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...
Borisil has made and inverted h&s pattern. And in daily tf it has consolidated nicely near the resistance and up movement could be a good sign. Cam enter above 380 with bog targets of 500, and you know ,you are responsible for your profits and loses.
BOROLTD but at 330-336
Tgt- 350, 370,390
Sl 310.
If Boroltd open above 336 & make red candle then take entry after taking support. Follow proper price action
Weekly Analysis
Buy Borosil Ltd
buying Range 240-260 Zone (Retest Zone) Stoploss 190 Closing
Study:
Stock is Trading near Pattern Retest Area
Trendline + Horizontal Line Support
