Buy Rain - Before It becomes "come again"

RAIN INDUSTRIES LTDNSE

Description

⋅ Jan 28, 2024 6:03 PM

Fundamentals:
Positive:
1. Increase in revenue
2. Profit from operating activities are increasing
3. Book value per share is increasing
4. ROCE increasing
5. Debt to equity is 1.1

Negative
1. Recent Qtr performances
2. 41% promoter holding

Technical:
1. Multi-year trendline breakout
2. High momentum
3. High Volume

Therefore buy it before it feels like,

" Rain - Rain Come Again"

SL : 158

R1: 185, R2: 203, R3:258