BORANA

Borana Weaves Ltd.

Textile

Caution — weak structure

Early Trend
Stage 2 VCP active

Setup readiness

Early Trend

Pivot Levels
₹341.8-422.1
Support Level
₹398.1
Resistance
₹504.0
Risk Distance
5.7% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
59.0
ADX
11.0
Vol
5.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Weak technical structure

Trend, relative strength and distribution characteristics indicate limited momentum quality.

Relative strength Neutral
Breakout readiness Low
Accumulation Distribution pressure

Bullish factors

  • MACD below zero — weak trend (−2).
  • Moderate distance from 52w high (-28% below).
  • Price remains below the 50DMA (intermediate trend reference).
  • Price remains distant from the pivot zone.
  • RSI 38 — weak.
  • ATR 3.9%/day — healthy volatility (+4).
  • ATR shrinking 3 consecutive weeks — coil forming.
  • BB squeeze — energy building.
  • Price shows advance from the 52-week low.
  • VCP-style base with 6 contraction(s) detected.
  • Distribution pressure observed in recent sessions.
  • 71% of profile volume above POC.

Risk factors

  • 3 distribution days observed recently
  • Significant overhead supply (90%)

Overall view

Broader structure shows distribution characteristics rather than sustained demand. Overall technical characteristics remain limited.

Size this trade

Setup research

BORANA — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is 28% below the pivot

  • Stage 2 uptrend structure detected

Flagged yesterday

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Mid-pack (#18/46)
  • Relative strength Lagging (RS 59)
  • Trend strength Weak (ADX 11)

Negatives

This idea is wrong below ₹398.1 (-30.8% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹398.1
  • Pivot — failure re-entry below₹420.0

Risk distance

5.7% to stop
1.4× ATR
3.4× R:R
19.4% reward

Risk ≈ ₹23.98/share from entry ₹422.1.

Reasons to skip 2

Disqualifiers that apply even if the score looks good.

  • 3 distribution days observed recently
  • Significant overhead supply (90%)
Setup metrics Latest scan

BORANA Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish

POC
₹320.86
VAH
₹343.49
VAL
₹313.67
Vol above POC
71.0%

Institutional Activity · Distribution

Avg cost basis
₹375.54
Acc zone
₹316.9–400.0
Accumulation sessions
3
CMF
-0.23

Structure

Trend / stage
Stage 2 (Early)
Stage 2
Weekly trend
Below 30-wk MA
Below 30W
RS rank
59.0
Weakening
ADX
11.0
Weak

Momentum

RSI
38.0
Weakening
Recent move (10d / 20d)
-6.0% / -8.8%
Neutral
Volume quality
5.0
Thin
Relative strength
Neutral
Neutral

Risk

Failure risk
38.0
Moderate
ATR % / day
3.9%
Healthy
Distribution
3 day(s)
Distribution
Volatility
6 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 30.2%
VCP waves 6x
Vol dry-up No
Avg value ₹1.3 Cr
Failure flags Overhead supply, Thin liquidity

BORANA Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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BORANA FAQ Common swing-trading questions

Frequently asked questions about BORANA

What are the screener observations for BORANA?

On Swing Edge's swing-setup framework, Borana Weaves Ltd. (BORANA) currently grades C — mixed — needs patience. Price is 28% below the pivot. Flagged yesterday. This is educational research, not investment advice.

What are BORANA's support and resistance levels?

For BORANA, near-term support sits around ₹398.1 (the base/stop zone); overhead resistance is around ₹420.0 (the breakout pivot); the next resistance above is ₹504.0. This is educational research, not investment advice.

What is the breakout / pivot level for BORANA?

The breakout pivot for BORANA is around ₹420.0. Price is about 27.5% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is BORANA above its 50-day and 200-day moving averages?

Yes — BORANA is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is BORANA versus the market (RS rank)?

BORANA has a relative strength (RS) rank of 59 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 11, indicating a weak/choppy trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-28 — not live intraday NSE quotes.