Borana Weaves Limited
Long

BORANA 1 Day View

156
BORANA is trading at ₹222.33, reflecting a 2.86% increase for the day.

📈 1-Day Technical Overview

Opening Price: ₹217.85

Day’s Range: ₹215.35 – ₹228.00

Closing Price: ₹222.33

Volume: Approximately 166,570 shares traded

🔍 Key Technical Indicators

RSI (14): 60.94 — Neutral to bullish, indicating moderate buying interest

MACD: 0.24 — Bullish, suggesting upward momentum

ADX (14): 19.01 — Neutral, implying no strong trend direction

Stochastic RSI: 0 — Strong downtrend, caution advised

Williams %R: -37.15 — Neutral, no clear overbought or oversold signal

Moving Averages:

20-day EMA: ₹218.62 — Neutral

50-day EMA: ₹221.40 — Neutral

200-day EMA: Data not available

20-day SMA: ₹217.44 — Neutral

50-day SMA: ₹220.29 — Neutral

200-day SMA: Data not available

📊 Summary

The stock is experiencing a positive intraday movement, trading above its opening price and near the day's high. While the RSI and MACD indicate moderate bullishness, the Stochastic RSI suggests a potential downtrend. Investors should monitor these indicators closely for any signs of trend reversal or continuation.



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