RAIN INDUSTRIES LTD
Long

CUP WITH HANDLE PATTERN IN RAIN INDS.

Cup with Handle Pattern in Rain Industries. The Vertical distance of cup is Rs.230 or 84%, that way the target of this pattern comes at 500+ means after the breakout of 270, the stock will move 230 pts. or 84% upside. But if it sustains below 140, then this pattern may fail, you can put stop loss at 140. And after that you can re-enter at 175 again.

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