RAIN INDUSTRIES LTD.Target 265. Monthly breakoutRAIN INDUSTRIES LTD, under good trend, to break the pivot point. Target 265.
RAIN trade ideas
RAIN INDUSTRIES : SET UP LOOKS GOODLooking solid on charts , already given breakout
Fresh buy @ CMP
TGT - 280 & 320
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
RAIN BREAKING OUTRain Industries is seeing good volumes since the past few days and if this trendline breakout sustains we can see a target of 276 soon
Rain Ind - Channel breakoutThe chart is self-explanatory. Accumulate up to 202 if retraces. Exit below 190 (closing basis) for a couple of days or according to your risk management. Risk management is on priority anytime, every time.
Only for learning and sharing purposes, not a bit of trading advice.
All the best.
RAIN Positional LongBreakout and retest of Cup Handle pattern on weekly timeframe.
SL = 190
Target = minimum 1:3 RR
after that trail SL as per chart structure
Rain Industries cup and handle or rounding bottomits evident from the technical chart that Rain Industries is forming a rounding bottom formation on weekly timeframe. Will suggest to go long on this stock.
RAIN - Bearish Harmonic - BAT PatternRAIN - Bearish Harmonic - BAT Pattern
CMP : 239.80
PRZ : 248.60 to 2511.80
View will be negated below 255
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
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daily chart of rain inddaily chart of rain ind
educational purpose only
attempt to break the downtrend has been made
CMP: 239.80
SL below 219.90
RAINNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
LET IT RAIN - Rain IndustriesNSE:RAIN inversing Resistance into Support . Once can look for positional trading opportunities at this price.
Near SL - 195
Near Target - 255
RAIN INDUSTRIES - LONG Has formed a clear round bottom and descending triangle pattern which can act as cup and handle pattern. Today's close was strong with a bullish candle. On breakout we can expect the target of 270 and 310
Buy Today Sell Tomorrow: RAIN for more than 5%DON'T HAVE MUCH TIME TO TRACK TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Rain IndBuy-200-190
SL-166 Below Weekly Closing Basis.
Target-400++
Time Frame -6 Months
Currently In the Time Correction Mode.
Can Stay Silent Max To Max Till May 22.
A No Miss Stock In Portfolio.
Rain Industries double bottomRain Industries looks good after forming a double bottom. Price above the neckline break will have a good upside movement.
good opportunity in rain industries for buyingtaken support over 200 DMA
gap up opening of next candle after supporting 200 moving average
running in a down parallel channel probably break up side
Weekly TF BreakdownWeekly chart pattern breakdown along with sell trend(Lower High - LH, Lower Low - LL) in daily TF resulted in price fall
Rain Industries , Fresh buy possibleUpdated Chart>>
Add some quantity at 210 and some on 200/202
sl can be 189 for target of 260/270++
Trade on your own risk.
Happy Trading!
