BOROSIL LTD - Long Terms Bullish

BOROSIL LTD - Short term bearish trend

1. Now at the primary trend, it's a positive sign...
2. It breaks the Falling wedge pattern now...
3. Strong support at 272, if it breaks another support at 240
4. Target will be 412 if it breaks with an open and close candle above 295

Educational purpose...

Kommentera:

It breaks the primary trend, not a good sign for the stock...
It's now in good down-trend support, If it falls means the next support will be at 230 to 235...
It should open gap-up tomorrow and close above 273 will consider today's a fake breakout.