BORORENEW technical summary

At ₹393.55, BOROSIL RENEWABLES LIMITED is trading 15.1% below its 50-day average of ₹463.51 and 21.7% below its 200-day average of ₹502.74. The 14-day RSI is 28.0, in oversold territory (30 or below). MACD is -22.13 against a signal line of -21.41, so the MACD line sits below its signal line. ADX(14) reads 43.4, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹374.4 to ₹721, with the price 6% of the way up it. Classic daily pivot levels from the 29 Oct 2026 session: pivot ₹393.27, resistance ₹399.73 and ₹404.72, support ₹388.28 and ₹381.82.