RAINBOW CHILDRENS MED LTD#RAINBOW
Trend: Strong uptrend with bullish momentum.
Resistance: Key resistance near 1,688.
Support: Strong support around 1,500.
Volume: High volume on up moves, indicating buying interest.
Buy Zone: Consider entry around 1,550-1,580 on pullback.
Target: Short-term target around 1,700.
Stop Loss: Set below 1,500 for risk management.
Rainbowanalysis
RAINBOW - Ichimoku Bullish Breakout Stock Name - Rainbow Childrens Medicare Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 688
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
RAINBOW - Ichimoku Bullish Breakout Stock Name - Rainbow Childrens Medicare Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 655
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Ready to test new highs!Chart -> Rainbow Children Daily
The stock broke out above its listing day candle today, with a volume pop-up. Looks so ready to test new highs!
CMP: 533
Good around: 500
Targets: 585, 625
SL: 475 on a closing basis
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
RAINBOW - Ichimoku Bullish Breakout Stock Name - Rainbow Childrens Medicare Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 536
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.