RAIN - Cup & Handle Pattern Long

RAIN INDUSTRIES LTDNSE

Description

⋅ Dec 31, 2021 5:31 AM

Long round bottom consolidation and a handle formation + Triangle - Chart levels are more self explanatory.

Bullish in the weekly charts can expect a breakout soon

Trade closed: stop reached

⋅ Mar 18, 2022 5:30 AM

Comments

SSR1999

⋅ Jan 1, 2022 6:34 AM

would such small handles can bear the load of entire cup? Can't it break down with the load?

BullsVsBears_NSE

⋅ Jan 1, 2022 6:52 AM

@SSR1997, During the cup formation the volume was relatively lower with the bearish trend and on uptrend it's a good volume followed by consolidation. I hope this will give a good breakout sir. will wait and see. You can give more insight from your point of view :)