Borosil Ltd. is in a rising trend channel in the medium long term. Rising trends indicate that the company experiences positive development and that buy interest among investors is increasing. The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range. There is no resistance in the price chart and further rise is indicated.
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In case of a
negative reaction, the stock has support at
approximately 406 rupee. Positive volume
balance, with high volume on days of rising
prices and low volume on days of falling
prices, strengthens the stock in the short
term. The stock is overall assessed as
technically positive for the medium long term.
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