Rain Industries is one stock where retails are more optimistic than the promoter but techinically their are 3 major red flags in price action
1 It has not crossed 61.8% retracement of fall from ATH to bottom 2020
2 The rise from lows of 2020 is not impulsive (god knows how some people are marking impulsive rise from 2020 bottom)
3 It has not crossed 61.8%...