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bhagat109
Nov 18, 2020 6:17 PM

Failed Head and shoulders Long

RAIN INDUSTRIES LTDNSE

Description

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

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