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(BORORENEW) Borosil Renewables complete technical analysis [charts+indicators] | Buy/Sell Borosil Renewables | (BORORENEW) share price targets

Complete technical analysis of Borosil Renewables (BORORENEW) by charts plus indicators, forecast predictions and share price targets for Borosil Renewables (BORORENEW)

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Borosil Renewables is 650736

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	520.25	524.35	527.90	518.65	0.42 times
19 Fri Apr 2024	515.45	516.70	518.00	506.00	0.502 times
18 Thu Apr 2024	518.95	529.00	538.85	513.00	0.542 times
16 Tue Apr 2024	525.70	518.90	544.60	516.10	1.154 times
15 Mon Apr 2024	521.15	521.10	531.65	509.10	1.124 times
12 Fri Apr 2024	541.60	533.25	558.55	530.50	2.61 times
10 Wed Apr 2024	533.50	528.75	543.95	524.80	0.971 times
09 Tue Apr 2024	526.45	541.25	545.00	524.20	0.647 times
08 Mon Apr 2024	540.55	543.90	549.60	538.10	0.565 times
05 Fri Apr 2024	540.05	538.85	547.00	535.30	0.993 times

My analysis of stock is bearish for shortterm, and stock might move down till 507.5 or till 487.2. Use a stoploss of 524.34 and if the stock hits stoploss, then it can shoot up till 541.22

Share price targets for Borosil Renewables (BORORENEW)

Target Type	Value
Downside Target	415.05
Downside Target	429.30
Downside Target	454.65
Downside Target	477.00
Downside Target	495.00
Downside Target	518.65
Upside Target	544.60
Upside Target	558.55
Upside Target	562.00
Upside Target	583.60
Upside Target	643.00
Upside Target	669.35

Intraday share price targets for Borosil Renewables (BORORENEW)

Target Type	Value
Downside Intraday Target	516.63
Downside Intraday Target	513.02
Upside Intraday Target	525.88
Upside Intraday Target	531.52
Upside Intraday Target	522.27

Weekly technical analysis of Borosil Renewables (BORORENEW)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	520.25	524.35	527.90	518.65	0.127 times
19 Fri Apr 2024	515.45	521.10	544.60	506.00	0.693 times
12 Fri Apr 2024	541.60	543.90	558.55	524.20	0.604 times
05 Fri Apr 2024	540.05	505.00	562.00	502.05	2.779 times
28 Thu Mar 2024	497.75	523.60	531.90	495.00	0.494 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Borosil Renewables (BORORENEW)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	520.25	505.00	562.00	502.05	0.675 times
28 Thu Mar 2024	497.75	550.00	583.60	477.00	0.47 times
29 Thu Feb 2024	538.20	646.00	669.35	482.30	0.55 times
31 Wed Jan 2024	630.60	439.90	643.00	429.30	8.456 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Borosil Renewables (BORORENEW)

Price action analysis of Borosil Renewables ( (BORORENEW) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Borosil Renewables ( (BORORENEW) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Borosil Renewables ( (BORORENEW) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Borosil Renewables stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Borosil Renewables in short term and the sell signal is strong.

Borosil Renewables Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Borosil Renewables in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Borosil Renewables is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 531.58 and Borosil Renewables (BORORENEW) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Borosil Renewables (BORORENEW) stock. Volume based technical analysis of Borosil Renewables (BORORENEW) stock is negative.

Borosil Renewables Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.