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BOROLTD Inverse HNS Pattern form

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NSE:BOROLTD   BOROSIL LTD
BOROLTD BOROLTD

Time Frame – Weekly

Observations :-
* Trading in Ascending broadening wedge pattern
* Inverse HNS Pattern form BO above 390-385 zone
* Facing Resistance in 390-360 zone
* Facing HNS pattern neckline resistance and Trendline resistance
* Consolidation going on above weekly 21 SMA in 328 - 385 range
* RSI also form Inverse HNS Pattern

Resistance – 498.70 / 563 / 700
Support – Weekly 21 SMA & 310 - 330 range


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