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Rainindustries

Rain IndustriesHello Friends, Rain Industries - price corrected around 80% due to carbon price correction. when a price is correct by 80% it is worthy taking a watch as an investor / long term traders. As per TA, it is making a long falling wedge and most of the time wedge tend to break upside. So, one can buy between 85-105 rs and sl below 85 for the target of high (480) again in 1-3 years period. Traders can wait for the wedge breakout and take a call. The blue line is expected price movement in coming weeks. Please post your comments.
NSE:RAINLong
by maheswar81