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Rainindustries

RAIN- Good consolidation - 40%+ potential - Strong BO possible? Price Analysis & Overview: 1. Good consolidation. 2. Exceptional volumes surges. 3. Price reacting from the higher levels but also not willing to move down at the same time showing equal buying & selling strength. Price need to cross 187 level for buyers to get dominated. 4. RRR is favourable. 5. Must be on Radar. Trade Plan: Entry = Post 185 level BO SL = 10-15% TP = 1:2,1:3,1:4,1:5 - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:RAINLong
by SuperNova396
SWING IDEA - RAIN INDUSTRIESRain Industries has emerged as an intriguing prospect, presenting a compelling case for a potential upswing. Reasons are listed below : Rain Industries has established a sturdy support base at the 145 level, providing a solid foundation for potential upward movement. The weekly timeframe reveals a bullish engulfing candle, signaling a potential shift in sentiment and setting the stage for a positive trend reversal. A bullish marubozu candle on the daily chart further strengthens the bullish case, indicating strong buying interest and potential momentum in the short term. The stock is bouncing back from the golden Fibonacci zone, adding a technical aspect to the trade setup and reinforcing the probability of a favorable price movement. The uptick in trading volumes is a positive indicator, suggesting growing market interest and participation in Rain Industries. Despite highs shifting down, the absence of new lows is a noteworthy observation, hinting at a potential reversal and the resilience of the stock in the face of downward pressure. Target - 184 // 206 // 253 StopLoss - weekly close below 145
NSE:RAINLong
by Visionary_Growth_Insights
RAIN Industries not a bullish setupRain 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% retracement of fall from 2021 top to recent bottom yet Why people try to force counts when we see every move is over lapping their are more than 5000 stocks traded on NSE still people are forcing their own views in name of technicals & a sudden price action in direction of their trend they count themselves as doing miracle my personal take is when its difficult to fit Elliott counts stay away from the Stock.
NSE:RAINShort
by churiwalvikram
RAIN review - giving ample opportunity to enter for 270++NSE:RAIN cmp 178 chart posted on 5th Sept 2023 when the price was 174 spent 3 months near this price and now it looks like going up expecting 270 as 1st target The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies. link of 5th Sept 2023 article posted below
NSE:RAINLong
by ajaykalashi
RAIN Industries - Bottom Forming pattern - Multibagger📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Falling Wedge 📌 Symbol/Asset: RAIN 🔍 Description: Stock is forming falling wedge pattern around the Long Term Support. We can clearly see bottom is in making. There is a strong support of around 130-135 and we can see huge bounce from hereon. Rain Industries is a Buy On Dips. Not to Miss this opportunity. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
NSE:RAINLong
by FiveCircles
2
RAINRAIN:- The stock has given a breakout, if the stock sustains above 164.75 then we can see an upside movement Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:RAINLong
by AjayDhakad_Keep_it_simple
RAIN trend change?1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop It looks like the downtrend in NSE:RAIN is going to change. It's a buy with stop at ₹155. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:RAINLong
by akashbothra