shyamprasan

RAIN ind on start of bullish rally - crsd n cls abv 50 DMA

Long
BSE:RAIN   RAIN INDUSTRIES LIMITED
at this point of time RAIN inds seems to technically more attractive as the bulls are able to keep up the break out above 50 DMA which shows bulls are preparing for some heavy action on this stock. LONG and HOLD till the bearish cross of 50 DMA. keep a STOPLOSS of 164.
Comment: RAIN INDs has witnessed a breakaway gapup which means a high buying pressure also indicates to go u strongly in forcoming days
Comment: RAIN INDS has only buyers in NSE segment

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