RAIN trade ideas
CUP AND HANDLE PATTERNRAIN INDUSTRY CREATING CUP & HANDLE PATTERN IN DAILIY AS WELL AS WEEKLY CHARTS..
CAN GO LONG NOW OR AFTER BREAKOUT
RAIN | Looks good for breakoutRAIN | Looks good for breakout
CMP : 120 - Can buy in dips upto 104
SL below trendline
RAIN Industry_LongTriangular Pattern awaiting for breakout
Observe Level of 125-126 if break huge upside possible
Pankaj Patidar
Leading Diagonal ( Developing Text Book Example) I have seen many traders or So called Experts try to post some posts randomly with out having Current status chart with them
it is because they can not identify where these patterns form , they also can identify how they form when they are developing , but one thing they know is argue with anyone one who ask them A Detailing of their post , and i call it a foolish behavior because this trading view social site is to learn and one can learn form another
its not Calls Providing site or Some sort of Commercial site its a social site , so lets began
This script has completed its multiyear / Month correction or Accumulation and now its developing ,
Usually the developing waves will give early indication when we use Secondary tool as Indicators , here i have used MACD ,
The development of stock represents visual out look of Leading diagonal
if you are looking for investment and if you are wealthy investor then this script is for you , its one of the best script i have seen which is having potential of Earning by price gain in the stock by 600 % if you get an entry at 85 or near to it ,
for short term investment forecast is made as Take Profits for long term its going ATH
its Going to 400+ and you will not get this opportunity
invest around INR 10000 and take home 60000 , its Grate Investment Opportunity
Wait for the pull back entry that would be Good for you
Good luck
Rain Industries 1D chart head and shouldersPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Thanks
RAIN Industries looking good on chartReady for big move from here
Please check on daily and weekly time frame👍🏻👍🏻 . Looking strong 💪
Moving in copy book styleNo target, support at 111. Hope Rain now makes a good run. A break out may be in the offing, in say, two weeks
Failed Head and shouldersRain Industries is moving on an uptrend along a trendline. It has respected the trendline & has bounced right from it.
And in doing so it has has failed in the formation of a complete head and shoulders, which is a bullish sign.
So tomorrow if it breaks > 511, go long. Average on pullbacks.
Target: 125
SL : Trendline
#RAIN - Long - RK ROCTrendline BO. Handle in formation.
Crossing 107 and sustaining can see 112 / 125 and then 200 as it forms C&H.
Diwali Picks 1This is Investment stock.
Technically a cup and handle breakout.
We will review this stock next Diwali.
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RAIN Current Price 103.00 - 104.00 Chart RectifiedRAIN Current Price 103.00 - 104.00 Chart Rectified with earlier.
RAIN Current Price 102.50 Is this a correct up move for Stock? RAIN Current Price 102.50 Is this a correct up move for Stock?
Rain Industries - Potential reversalA stock popular among a few marquee investors. Capex cycle has been complete. Now this company should become a cashcow.
Stock is rebounding off its 200EMA...could first hit resistance at 116 (200WEMA).
Post that 127 which has been a resistance multiple times.
If it manages to take 127 out it could lead to a huge breakout.
As guided by the management, the stock usually does its best once Aluminium prices go above $2000. One of the best indicators for the stock. So keep an eye on prices.
SL: Below 200EMA or todays low. (approx Rs.94)
Question on NSE:RAINIf market supports fresh longs only near support zones..
Next Critical level 80
Immediate resistance at 105
#RAIN CHART VIEW#RAIN CHART VIEW
Rain Industries Ltd.
AS per chart its clear that price had broken down 107- 105 support and extended weakness on the lower side.
As of now 100 is major psychological support, weakness may drag the price towards 95- 92.
On the upside 107- 110 (5MA)-113 are should consider as immediate strong resistances.
RAIN - Positional Trading SetupDisclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
