sbharadwaj2007

Butterfly Pattern in Rain Industries

Long
NSE:RAIN   RAIN INDUSTRIES LTD
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.

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