Stock analysis Borosil Renewables Ltd BORORENEW
More indepth analysis on MunafaSutra.com
Recent prices of BORORENEW Borosil Renewables Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Fri May 2024 | 514.10 | 512.00 to 523.50 | -0.81% | 0.68 times |
| 02 Thu May 2024 | 518.30 | 515.50 to 527.40 | -1.24% | 0.86 times |
| 30 Tue Apr 2024 | 524.80 | 523.05 to 532.35 | 0.14% | 0.62 times |
| 29 Mon Apr 2024 | 524.05 | 522.55 to 537.20 | 0.46% | 1.06 times |
| 26 Fri Apr 2024 | 521.65 | 520.00 to 528.60 | -0.23% | 0.83 times |
| 25 Thu Apr 2024 | 522.85 | 520.50 to 538.80 | -1.36% | 1.02 times |
| 24 Wed Apr 2024 | 530.05 | 528.00 to 539.70 | -0.55% | 0.68 times |
| 23 Tue Apr 2024 | 533.00 | 521.10 to 546.45 | 2.45% | 2.73 times |
| 22 Mon Apr 2024 | 520.25 | 518.65 to 527.90 | 0.93% | 0.63 times |
| 19 Fri Apr 2024 | 515.45 | 506.00 to 518.00 | -0.67% | 0.75 times |
| 18 Thu Apr 2024 | 518.95 | 513.00 to 538.85 | -1.28% | 0.81 times |
| 16 Tue Apr 2024 | 525.70 | 516.10 to 544.60 | 0.87% | 1.73 times |
Technical analysis forecast for Borosil Renewables Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Borosil Renewables Ltd BORORENEW at this time. Stock is falling and might fall more.
It appears as if Borosil Renewables Ltd BORORENEW gave a large move recently.
Stock of Borosil Renewables Ltd (BORORENEW) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Borosil Renewables Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Borosil Renewables Ltd stays below 514.7, but if it comes above 514.7, then a intra day buy could be more profitable.
If you take a sell trade below 514.7, then use 514.7 as stoploss and 503.5 as target. However if you take a buy trade in Borosil Renewables Ltd, then use 514.7 as stoploss and 524.08 as target.