maheswar81

Rain Industries

Long
NSE:RAIN   RAIN INDUSTRIES LTD
Hello Friends,

Rain Industries - price corrected around 80% due to carbon price correction.

when a price is correct by 80% it is worthy taking a watch as an investor / long term traders.

As per TA, it is making a long falling wedge and most of the time wedge tend to break upside. So,

one can buy between 85-105 rs and sl below 85 for the target of high (480) again in 1-3 years period.

Traders can wait for the wedge breakout and take a call. The blue line is expected price movement in coming weeks.

Please post your comments.
Comment: thats beautiful breakout.

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