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BOROSIL RENEWABLES LTDBOROSIL RENEWABLES LTDBOROSIL RENEWABLES LTD

BOROSIL RENEWABLES LTD

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BORORENEW trade ideas

BOROSIL RENEWABLES LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:BORORENEW
by zenthosh
SWING IDEA - BORORENEWPrice Action and MACD seems to be forming a Convergence Divergence. Price Action has also started making new Higher High and Higher Low Pattern. A Candle seems to have formed in the Weekly candles too indicating good support for the stock. If all is well, the stock could go to its next leg up. MACD Cross has still not completed. It could indicate if the Trend will go upward once the crossover is completed successfully. Take Entries upon verifying Price Action after MACD Cross only. Note: Earnings Report has revealed the company in Loss. This could potentially take the stock down if things don't go right. Ensure to follow Strict Risk Management while trading this stock.
NSE:BORORENEWLong
by thepranam
BORORENEW: A Correction on cards?- All the necessary pointers are on the chart. We are trying to keep things short and simple. if you like this concept, give us a boost/Comment to let us know. For those who need a writeup, Here's a quick one: - Until the resistance zone is broken, Going long may trap investors in a consolidation phase. - MACD is all up for a bearish crossover - Price trades below 200 EMA on Daily - Given the long wick rejection and a breakdown of the consolidation zone, If buyers fail to revive the price, we may see a correction phase until the support zone is tested. - The shot up EPS further weakens the fundamentals What you do think will happen? Have Insights or Questions? Let us know in the comments below.👇 While you do that, how about a boost for some motivation🚀 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NSE:BORORENEW
by TheChartereds
4
Borosil Renewables LtdTARGET MENTIONED IN CHART WITH STRICT SL ADHERE TO STOPLOSS - VALUATIONS ARE HIGH FUNDAMENTALS Market Cap ₹ 6,606 Cr. Current Price ₹ 506 High / Low ₹ 573 / 380 Stock P/E 869 Book Value ₹ 71.6 Dividend Yield 0.00 % Face Value ₹ 1.00 Promoter holding 61.6 % EPS last year ₹ 5.34 EPS latest quarter ₹ 1.92 Debt ₹ 484 Cr. Pledged percentage 0.00 % Net CF ₹ 115 Cr. Price to Cash Flow -1,037 Free Cash Flow ₹ -353 Cr. Debt to equity 0.52 OPM last year 16.1 % Reserves ₹ 922 Cr. Price to book value 7.06 Int Coverage 1.71 PEG Ratio 98.8 Price to Sales 5.04
NSE:BORORENEWLong
by madhu2811
2
bororenewable, time to reverseThe Borosil Group comprises two independent companies - Borosil Glass Works Ltd and Gujarat Borosil Ltd. Borosil Glass Works is the market leader for laboratory glassware and microwavable kitchenware in India. Their manufacturing facility, spread over 110 acres utilizes top of the line equipment from Germany and other Western European countries, and is located at a fully integrated campus in Bharuch, Gujarat. Business areas of the company: Borosil is the single largest manufacturer of the complete range of volumetric glassware in the country. Their volumetric products find usage in all laboratories from high-end pharmaceutical production to high schools and colleges. Products: • Scientific & Industrial products BOROSIL’s range of Laboratory Ware includes almost all items required in general lab usage. Our expertise in melting and forming low expansion, chemically inert borosilicate glass for over 40 years has made our products preferred globally. • Consumer products Borosil has been one of India’s most well-known and trusted brands for the last 58 years. Borosil International’s range of elegant and stylish heat resistant glassware is known and loved by generations of housewives. • Solar Water Heater products Solar Water Heaters are the most hassle-free and cost efficient way to harness solar energy for domestic and commercial applications. They can be used in any climate and the only fuel they need is sunlight. • Low Iron Solar Glass products Textured low iron glass is a soda lime glass in which the content of iron oxide is significantly lower than in normal flat glass. It has a distinctive, nearly colourless appearance particularly when seen from the edge. • Lighting products Borosil lighting range of products is used for a wide range of applications- general purpose lantern chimneys for petromax lanterns, well glasses, safety lamp chimneys, explosion and dust proof tubes for hazardous area lighting applications, high pressure mercury and sodium vapour lamps for street lighting, defusers and diopters, both symmetric and asymmetric, for airfield lighting.
NSE:BORORENEWLong
by Tradernawab
2