Rain 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...
Rain industries Ltd weekly 2 years breakout first target 260 and second target is 400
clear breakout of triangle pattern , if crosses the handle . clear tgt of Rs. 500 in few months time, if it crosses 270 levels. regards THE STOCK THEORY
RAIN Industry has given Trendline Breakout couple of weeks back, It gave its range breakout of 190 odd levels last week. Support below160 DCB as all weekly EMA has confluence at those levels. This is tricky script has multiple instances of failed breakout in past so decide as per your risk appetite... DISCLOSEURE:- This post is for educational purpose only, I...
On the Verge of breakout of the handle. Cup and Handle pattern . 20 and 50 EMA Cross SL 141 TGT 1st 270 TGT Long 418
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%...
Rain Industries breaking a channel with good volume built up #target can be 255 EDUCATIONAL IDEA
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...
Fundamentals: Positive: 1. Increase in revenue 2. Profit from operating activities are increasing 3. Book value per share is increasing 4. ROCE increasing 5. Debt to equity is 1.1 Negative 1. Recent Qtr performances 2. 41% promoter holding Technical: 1. Multi-year trendline breakout 2. High momentum 3. High Volume Therefore buy it before it feels like, "...
Hello Falcon traders today again i have come up with anotehr chart for swing trading showing the logic and what is my trade plan Rain Industries has broken out on the daily time frame above the key zone of resistance and we can see Volumes spurt during this breakout Volumes are on a higher side - confirm the breakout Consolidation over the weekly time frame -...
RAIN INDUSTRIES on weekly TF looks promising for a potential BIG breakout. Weekly candle is very bullish, KEEP A LONG TERM VIEW. ENTRY AT CURRENT PRICE OR IN THE RANGE OF 150-160 STOP LOSS @140 TARGETS : 190, 200, 250 TRAIL USING A COMBINATION OF 20 AND 50 EMA ON DAILY TF.
➡️ Held by Mohnish Pabrai who didn't book it at the previous ATH even ➡️Trading below B.V. Cons: susceptible to input costs and govt. regulations
📈 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....
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Best Buying Time / Short Term Me Darna Hai To Karo Long Term Ke Hisab Se Dekhaoge To Insaan Hoye Ya Share Market Ek Din Jaana To Upar Hi Hai ✨✌🏻
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Wedge 📌 Symbol/Asset: Rain 🔍 Description: Moment Stock with Strong Support on hourly and daily chart. Trading above 200 day EMA lows. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
RAIN IND Daily chart has trendline breakout/inverted head and shoulder breakout with 200 ema support on daily candle. Good to buy at 169 for targets of 190,206 with sl below 157
RAIN:- 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...