TWO CUPS ARE TOO MANY IN RAIN INDUSTRIES
Rain Industries formed a Cup with the resistances at 224-234 range and a bigger cup with the resistances at 390-403 range. It was also moving in a Parallel Channel from November 2020 and it has smartly broken out with good volumes. I have off loaded a part of my holdings at 220 and the rest I would be looking for 400 as my final target.
It has to break the resistance at 224-234 range to resume its journey upwards.
I entered at 153.
It has to break the resistance at 224-234 range to resume its journey upwards.
I entered at 153.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.