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RAIN INDUSTRIES LTD
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RAIN INDUSTRIES bulls time to maintain caution

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RAIN INDUSTRIES bulls time to maintain caution and if possible start booking profit on every raise.
Note
Warned bulls when price was at 418. From there made a low of 370 so far.
Note
27%+ down from the level where I had warned the bulls!
Note
Another classic example of parabolic breakdown
k314
Chart PatternsTechnical IndicatorsRAINrainindustriesTrend Analysis

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Chart PatternsTechnical IndicatorsRAINrainindustriesTrend Analysis
k314

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.