bhagat109

Failed Head and shoulders

Long
NSE:RAIN   RAIN INDUSTRIES LTD
Rain Industries is moving on an uptrend along a trendline. It has respected the trendline & has bounced right from it.
And in doing so it has has failed in the formation of a complete head and shoulders , which is a bullish sign.
So tomorrow if it breaks > 511, go long. Average on pullbacks.
Target: 125
SL : Trendline
Trade active: Looks like our target is going to hit soon.
Trade closed: target reached