SWING BREAKOUT TRADING :-BOROLTDBOROLTD 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
BOROLTD trade ideas
Classic Chart Pattern.BREAKDOWN from trend line, but with low volume so there is probability of A BOUNCE BACK OR SHORTCOVERING. keep an eye on it.
Buy Borosil Ltd ( Investment Idea)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
Borosil (BOROLTD) Stock looks interesting for LongtermBorosil Ltd Scripname: BOROLTD has taken support from a Trendline on Weekly timeframe.
Also, Fundamentals of the stock looks promising.
Stock to WatchKeep Borosil Limited on radar, see when the stock was up 40% in a week (Big Green Candle), volumes were at life time high. But after that, stock starts consolidating (i.e, traders are booking profits after such big upmove) but volemes were very low, it means weak hands are exiting.
BOROLTD is giving 33% profits, more to comeBOROLTD is blasting and the operators are taking the prices higher.
BOROLTD DAILY CHARTNSE:BOROLTD
Stock is making HH HL
One can look to add if any reversal from 315 or 305 for 380
In this market panic its still holding the BO levels
stock to keep in watchlist looks decent
Manage Your risk
Multibagger: Borosil Strong BreakoutBorosilicate has given very strong breakout.
All levels on chart.
One can hold for long-term or start SIP
Breakout in Borosil Renewablesstock is trading above 21,63,200 MA and given a breakout from the triangular pattern aim for 382
BOROLTD .... NSE .... BULLISHVIEW ........ ABOVE 254BOROLTD NSE...... is bullish till it holds above 254
Fresh All-time High.
***** For Educational Purpose Only ******
NSE:BOROLTD
Borosile looks good for revesal above 221 on closing basis DFborosile looks good for revesal above 221 on closing basis DF, can take enry after analysing your risk
expected target- 235, 245, 250++
Sl
See what happens nextmoved 18% today, let's keep in a watch list and make money if it moves up and breaks out.
BOROLTD breakout possibleFor educational purpose only .
my point of view
can go long as it is clean breakout from the levels.
Looking for buying opportunity in borosilBorosil has respected support line and started moving up..now we have to wait for breakout above the next resistance zone....will keep it in watch...let's see how it reacts ...
BOROCIL 15MINBOROCIL TRADE GIVEN TO PRENIUM MEMBERS. It gave a breakout after forming a triangle pattern following a demand zone.
Price is at Channel bottomPrice is at Channel bottom. Price may move and reach target as shown in chart.
BOROSIL LTD 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 to or greater than breakout candle .
Price resisted again on the Orange trendline @ 241 levels
Furthermore breakout candle on 6th May and follow up candle on 7th may had Large selling wicks showing strenght in price coming back down
Currently expecting a range bound movement between the two trendlines as :
1. According to VPA volume and price are both declining as of now
2. Breakouts are said to be stronger after a retracement
