BOROLTD trade ideas

RiderTrader

As on 11/05/2021 217.85 is seen as a major resistance line as that is the IPO open price. Initial breakout occured on 29th Dec 2020 , however breakout could not sustain and it retraced back below the Black resistance line Breakout occured again after retracement on 06/05/2021 with larger volume than previous breakout , However subsequent volume was not equal...

ganybhat Updated 

Trend line breakout. Up movement possible. Target as mentioned in chart

BlackJack_69

Came out of the range with a convincing volume and is very much ready to start a ride.

abhilashmour789

- Trying to form base around 160 - Falling trendline breakout on weekly timeframe - Good levels to add around 175 (retest levels) - Eyeing for 240-250 - SL weekly closing below 158

GS_Sundar

Descending triangle breakout Short term Target at 216 if it sustains hold until upto 250 level

RichTradingMind

Possible breakout nearby: Watch Out-

abhinayj Updated 

about to complete its rounding bottom pattern with high volumes strength in momentum also. TARGET 1: 180 TARGET 2: 200 STOP LOSS : 150 **These are my personal observations. Please trade at your own risk.**

VijayBabuA

BOROSIL LTD has formed double bottom on daily charts, which is recently listed, listed at 217 and made bottom around 140 levels, if it closes above 170 in the next session 24-08-2020.it may touch 220 levels again in coming sessions.