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Vikas_Narayana
Apr 30, 2021 7:23 PM

Rain Industries is getting exhausted. Final move is here! 

RAIN INDUSTRIES LTDNSE

Description

NSE:RAIN shows RSI divergence hence the momentum is slowing down each day.
It is getting exhausted and will be fighting for new highs as much as it can around the Price Reversal Box drawn in the chart Rs190-200. This acts as resistance and might not break it in one go.
Slowing and reversing from those price levels will give a corrective pattern.


Kindly take each idea as education purpose only. No trading advice whatsoever.
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