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Technicals for Borosil Renewables Limited
By MusingTheNews
2025-05-30 20:27
Overall Technical outlook
Price Summary
Borosil Renewables Limited's stock opened at 549.0 on 2025-05-30, surged to 558.35, dropped to 538.0, and ended -1.31% down at 541.8, with 671395 shares traded. The stock reached its highest price of 627.15 and its lowest price of 411.55 during the 52-week period.
Technicals
Support and Resistance: The price of 541.8 is supported at 514.6 and encounters resistance at 547.05. This suggests key levels where the price might find stability, with 514.6 providing a base and 547.05 acting as an upper boundary for BORORENEW. Support/Resistance for BORORENEW
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Borosil Renewables Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Borosil Renewables Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Borosil Renewables Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Borosil Renewables Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Borosil Renewables Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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