manuagarwal21

RAIN INDUSTRIES LTD - Currently in Pullback Phase.

NSE:RAIN   RAIN INDUSTRIES LT
Rain Industries was struggling near 400 levels from past four(4) months.
and forming Spinning Long Range Candles, signalling supply pressure near those levels. Hence some decline was then seen in the stock, forming long bearish Candles.

Stock might correct more , however there are no much sign of weakness on the charts.

Price action should be observed near 300 and 250 levels, to identify further movement in the stock.



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