abu_bkr

[POSITIONAL] RAIN INDUSTRIES - RISING CHANNEL TRADE

Long
abu_bkr Updated   
NSE:RAIN   RAIN INDUSTRIES LTD
It looks like Rain has completed it's correction as it is sitting on 2.618 Fib support also near the bottom of the channel. Next wave can take it towards its next Fib resistance of 3.618 that is 187.

Stoploss is 144 Weekly closing basis.
Trade closed: target reached:
187 target reached
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.