RAIN getting ready for a BREAKOUT
RAIN indistries has been in a downtrend and now trying to give breakout of it's 18 months old trendline.
It has also developed a double bottom pattern.
Buy above 165 (which is a strong resistance as well as 200 EMA) - carry only on day closing basis.
Positional targets would be 169, 175 and 185.
Learn & Earn,
Dr. Tanya Kumar
It has also developed a double bottom pattern.
Buy above 165 (which is a strong resistance as well as 200 EMA) - carry only on day closing basis.
Positional targets would be 169, 175 and 185.
Learn & Earn,
Dr. Tanya Kumar
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.