Shadab_07

Rain Industries LONG

Long
NSE:RAIN   RAIN INDUSTRIES LTD
Details are in the graph

Comments

are you sure that it will form the rounding bottom what if it doesnt work that way !!! no stop loss where to book loss
Reply
Shadab_07 anandansh
@anandansh, See the pattern is nearing its completion and will reach the first target 220 - 225. Its a long position. there may be consolidation, minor pullbacks.My long term upmove is based on increase in volume and support of EMA. regarding stoploss that's for the individual to decide as per his risk taking ability.
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BikashAgarwal Shadab_07
@Shadab_07, hii, so we can expect 220 pretty sooner than later... Say 7-10 days
Reply
Shadab_07 BikashAgarwal
@BikashAgarwal, See the timeframe is of one week. But as far as current indicators point out we would reach the level. Only it would take much longer time.
Reply
BikashAgarwal Shadab_07
@Shadab_07, oky ty..
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