Get started
AdNoor

Rain bullish set-up

Long
RAIN INDUSTRIES LTD (NSE:RAIN)  
AdNoor  
NSE:RAIN   RAIN INDUSTRIES LTD
Chart Patterns Trend Analysis Technical Indicators rainindustries Bullish Patterns breakout
1
0
chartpattern trendanalysis indicator rainindustries bullish breakout
Stock consolidated for very long with just one swing high and low (BOX). Also stock took support on a major support level as shown on chart. Volume spikes are also visible during consolidation and after Breakout. RSI is also greater than 60 , showing strength. Stock may test its upper resistance level around 205.

Disclaimer: I am not SEBI registered.
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.