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Technicals for Borosil Renewables Limited
By MusingTheNews
2025-08-13 20:27
Overall Technical outlook
Price Summary
On 2025-08-13, Borosil Renewables Limited's stock opened at 588.0, spiked to 597.7, declined to 588.0, and closed 0.19% up at 589.1, with 132947 shares traded. The stock's highest price over the 52-week span is 649.4, while the lowest price is 411.55.
Technicals
Support and Resistance: The price for BORORENEW at 589.1 is supported by the 572.55 level and faces resistance at 630.75. This range indicates key levels where the price may find buyers near 572.55 and sellers near 630.75, defining a trading range. Support/Resistance for BORORENEW
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Borosil Renewables Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for BORORENEW, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Borosil Renewables Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for BORORENEW. Parabolic Stop and Reverse chart for Borosil Renewables Limited
Stochastic: The stochastic indicator reflects a bullish signal as the K-line crosses above the D-line and remains below 20, hinting at the beginning of a bullish move. This setup suggests that the market may be starting to rise from a low point, potentially leading to gains. Traders could consider this a favorable entry point for BORORENEW. Stochastic chart for Borosil Renewables Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for Borosil Renewables Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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