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Borosil Renewables Ltd. - BORORENEW

Scheduled Pinned Locked Moved Charts
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  • Prasiddh Shroff Offline
    PrasiddhShroffP Offline
    Prasiddh Shroff

    Definedge

    wrote on last edited by
    #1

    BORORENEW has a good formation on the 0.25% x 3 PnF and candlestick charts. The stock has now started trading above the 200EMA after being in a downtrend for a year

    fc5b6c07-1a9f-48a7-9eb6-9739a8def13d-image.png

    The stock has broken out with good volume and is now consolidating (pullback) above the breakout along with volume contraction, seems to be ready for the next leg of up move

    On the 0.25% x PnF chart as well, the stock has a nice chart formation and is on the verge of crossing above multiple 45-degree trendlines.

    b1044a9a-7839-4b96-8113-acbf4fea7ee4-image.png

    The PMOX indicator suggests a bullish momentum as well

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  • A Offline
    A Offline
    Alok Kumar
    wrote on last edited by
    #2

    fantastic!!

    1 Reply Last reply
    0


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