All the technical indicators,chart patterns,momentum indicators,price action, commodity price increase are all the factors culminating to bet on rain industries.
The commodity bull run will increase the margins of the business.
Rounding bottom/Cup&handle pattern is in formation.
Respecting the trend line support and the momentum indicator,RSI>70 showing signs of good strength.
Volumes are continuously increasing.
One can start accumulating from these levels for targets of 230/280/300/340/400 with a stop loss of 155-160.
#TradeTheTrend#ThemeBasedPick#TechnicalPick#MultiBagger#MomentumPick
The commodity bull run will increase the margins of the business.
Rounding bottom/Cup&handle pattern is in formation.
Respecting the trend line support and the momentum indicator,RSI>70 showing signs of good strength.
Volumes are continuously increasing.
One can start accumulating from these levels for targets of 230/280/300/340/400 with a stop loss of 155-160.
#TradeTheTrend#ThemeBasedPick#TechnicalPick#MultiBagger#MomentumPick