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BOROSIL

BOROLTD - Bullish Consolidation Breakout with VolumesNSE: 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 on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:BOROLTDLong
by BrahmaBull31
Borosil Limited | Inverted Head and Shoulder + Retest | CMP 383Before 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. . 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 is coming down for a retest and we may presume 370-380 levels to act as a strong support in daily timeframe. . We can see in the chart that something is cooking fundamentally, we can go long over this. . Buy can be initiated at Current Market Price i.e ₹383.20, ₹370.00, and ₹360.00 . Fundamentally this a good stock and I have this in my Long Term Portfolio. Stoploss can be kept around ₹325-320
NSE:BOROLTDLong
by suyashvinayakiya
BOROSIL LTD : Potential BreakoutThe 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 July 2022 after breakout of falling wedge as per below chart: 2. Gartley Harmonic Pattern completed on weekly chart since 23rd August 2021 till 20th June 2022. B Swing completed & momentum heading towards C Swing at the time of publishing as per below chart: 3. Bearish Bat pattern completed on daily chart since 4th August 2022 till 12th September 2022, price may touch B swing on the pattern since 20 EMA is just below the B swing point as per below chart: 4. Cup formation completed on daily & hourly chart since 4th August 2022 till 12th September 2022. Handle formation under process with a downtrend channel on hourly chart. Price did break out of trend on 14th September 2022 between 12.15 PM to 1.15 PM but was rejected as per below chart : Expecting the price to break through the trend in tomorrow’s session. 5. Trading above 20 & 200 EMA on daily chart & daily chart. 6. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily is Strong buy for an upward momentum. Weekly & Monthly chart is Neutral at the moment. 7. RSI is at 63.94 on a Daily Chart & 58.68 on a weekly chart at the time of publishing. 8. MACD Way above signal line on daily & weekly chart . 9. Hull Moving & other moving average is a strong Buy on Weekly, monthly & sell on daily chart. If price sustains above 362.22 by end of the week then it is a very strong signal for upward momentum. 10. Long entry if price breaks above 379.55 & sustains, then we are in upward momentum. However, keep in watch list for the week & alert for price momentum. Projected targets provided in the chart. Stop Loss: Enter only once cup & handle & bearish Bat pattern Break out. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations. Cheers.
NSE:BOROLTDLong
by Tron029