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Butterfly Pattern in Rain Industries
RAIN INDUSTRIES LTD
Long
Butterfly Pattern in Rain Industries
By sbharadwaj2007
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Aug 8, 2022
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Aug 8, 2022
This stock is off late making lots of noises ( rather right noises) -)
Though it was a laggard for a while and now suddenly started moving in the right direction.
Fundamentally its a fantastic company and now technically its ready to fly. It has formed a butterfly pattern and will move upwards.
Results were fabulous and everything is good in this script. First hurdle may be around 211/215 after which its a smooth sail.
Check this stock and revert back.
Harmonic Patterns
sbharadwaj2007
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