New idea update: #Borosil Renewables #Bororenew close to its 52 week high, becomes actionable above 325. Keep and eye!
Entry range: 327-340
T1: 401, T2: 600+
SL: Below 200
Timeframe: 1-2 years
One could add here for target 305 /400+, flag like structure can be depict from chart.
1) Company has posted stellar quarterly result.
2) volume is high
3) company would benefit by import ban on solar glass from china.
Looking at the chart and past analysis along with some technical indicators one can say that it will rise and according to the multiple targets and stop losses profit can be made.
Borosil Renewables CMP - 283
Looking bullish in higher time frame. One can go for Short Term Trade setup with the following entry, exit & targets
Every dip can be consider to buy for short term investment.
Buy Range 280 - 285 / Stop Loss 250
Target 1 - 320
Target 2 - 350
Target 3 - 380
Disclaimer: This is my view and for educational purpose only.
