Rategain bouncing from support and expectation of good Q4NSE:RATEGAIN has bounced from its support levels and can be added to the portfolio at these levels. I also expect a solid Q4 from them in the coming days when they announce their results. The correction that came in this counter never felt like a long term downward move. So I do believe that investors can add this fundamentally strong stock at these levels. Stop loss remains at 660.
Rategainanalysis
RATEGAIN - Ichimoku Bullish Breakout Stock Name - Rategain Travel Technologies 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 385
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Breakout in RATEGAIN TRAVEL!!RateGain travel tech ltd was in the Rectangle zone in the daily chart from May 2022
The Breakout Candle volume is 2.194M
Wait for the next day's candle to take support, then it's a good opportunity to take a position in this trade. I will share the Target and Stoploss after.
RATEGAIN - CEO resignsKindly read chart carefully.
All levels have been marked.
The CEO has resigned on 18.03.2022 - effectively from 24.03.2022
Buy at/above 337.64
Target 1 342.08
Target 2 346.72
Target 3 351.39
Target 4 356.09
Target 5 360.82
Sell at/below 333.06
Target 1 328.68
Target 2 324.16
Target 3 319.68
Target 4 315.22
Target 5 310.80
Trade details are for educational purpose, kindly refer to your financial advisor before initiating any trades.
Feedback welcome.
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