Beautiful structure and good Break out RSI & RS Both Trending up Poised for an upmove SL 190 Target 1: 269 Target 2: 357
RAIN:- 1.rising wedge pattern price movementum 2. trend reversal price move 3. tomorrow upper side open confimation bullish sentiment
This is follow-up on Rain Industries. Can check link to related ideas. Target 1 achieved. More than 55%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
RAIN INDUSTRIES seems really good for long term. A clear breakout has been and as it is in impulse, every dip makes it valuable. So try to accumulate the stock till 190 from current level. CHART AND ANALYSIS ADARSH DEY
Rain Industries Rounding bottom Breakout View. Good to go long. Also Good RR.
Risk : Reward is 1.5 and the company is fundamentally good. So jump in !! Long term pick for me.
Rain Industries Lets Analyze the move one by one Previous Move : From Nov 2020 it repeating the same process (40% Upside and 20% Downside movement)., The chart explains everything Current Situation : It made a 40% upside move and undergoing a correction - Most possibly the levels 170(Minor) and 160(Major) will act as a Support., Also 0.5 lvl of Fibo is merging...
Rain industries has formed a perfect textbook rounding bottom formation. This looks like a reversal . Not only price but volume has also supported with rounding formation. The history of the chart says that when this stock comes in momentum the rally extends. If it retests its level it would be a perfect buying opportunity. That being said stocks sometimes don't...
Entry 170 to 175 . Target 210 Stop loss 165 Risk reward ratio ( 1 : 5 )
Rain Industries on a 15 min TF contracting triangle is seen. Which way it will take lets see
RAIN LOOKS STRONG ABOVE 192 STRONG TILL 340 WEAK BELOW 170
Rain industries: 3 rd major wave looks like an extended wave and is near to completion. volumes has increased.
Buy Rain industries for target of 230 (short term) stoploss 180 long term target 280 ++ stoploss 165
The stock looks good to buy at 180-185 zones for a quick 10-25% profit. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
The stock is riding the Parallel Channel. It has been repeating the cup breakout pattern and climbing up. While it about to repeat itself again, it is also breaking out of a Flag pattern.
Good triangular pattern. May breakout soon. Consolidation over.