The stock has given a one year old trendline breakout and given a strong closing. Buy above 185 for both intraday and positional (on day closing basis) Positional targets can be 191 and 199. Learn & Earn, Dr. Tanya Kumar
RAIN INDUSTRIES looking for a good breakout above the counter trendline. RSI is supporting the move. CMP - 184 Target - 205/230 SL - 168 Longterm Target can be 254. Study the stock & Trade responsibly.
RAIN INDUSTRIES - Pole & pennat formation Target - Add the length of pole to the breakout SL - 174.55
buy 192 stoploss 155 target 400 time horizon- 1 year
> RAIN INDUSTRIES > Cmp - 183 > Keep an eye , Breakout of trendline. \\ For educational purpose only \\
Rounding bottom formation + Flag On breakout, it can give a good upmove till 210-242-271 and even 303 levels. SL can be the lower trendline of flag.
RAIN has given good closing today, above the trendline since Jan'22 (1 year). We can get more confirmation on up trend if it closes above 190 levels (previous swing high). All cement stocks are showing positive momentum. Targets can be previous swing highs of 205 levels and 255 levels. SL: Daily candle close below 175. Looks good for long for 6 mo to 1 yr timeframe.
NSE:RAIN - Trading in the range from the past couple of days and yesterday(10-Jan) on Futures - Price Breakout Upside above current JAN series and also previous DEC Series VWAPS from Below. Also currently stock is trading above strong support. The Breakout of the trendline should give us a good upside in the short time frame. Once sustains above 182 -...
Rain 1M: Not sure exactly what is changing in business but surely chart is changing / indicating. Buy between CMP - 155. SL 145 on closing basis. Tgt - 200 - 250 - 275. #Dontmiss
Rain industry trading in triangle pattern wait for break out or break down for good trade.
Chart has broken out the trend line,retested and ready to move upward. Price is above 100 sma and 200 sma. Volume is increased in few days. All are explanatory in charts. This is for educational purpose only.
• After Symmetrical Triangle Pattern showed bullish movement • Entry:- 179.35 break • Upside Resistances can become our targets. Targets :- 185.60 , 191.55 , 195.90 Stop Loss / SL :- 170 Support zone .
Always follow Risk and Position Management❇️❇️ For more information like this follow me in Tradingview @Jagadeesh11616125 Happy trading
Perfect setup for investors entry in RAIN INDUSTRY for traders entry they should watch big huge volume nd ready to enter
Hi, Please check chart for more details. Thank you,
Stock consolidated for very long with just one swing high and low (BOX). Also stock took support on a major support level as shown on chart. Volume spikes are also visible during consolidation and after Breakout. RSI is also greater than 60 , showing strength. Stock may test its upper resistance level around 205. Disclaimer: I am not SEBI registered.
The Scrip is looking promising to me:- - As the it made another HH on closing basis, EW counts suggests impulse move has started again. - From Classic Technical Analysis, the stock broke out of the classic ascending triangle or VCP pattern. Please do your own due diligence as this is my personal views only.
NSE:RAIN Weekly Analysis for Long Sustained above 0.5 L, H, LH, HH structure formed Consolidated and breakout with good volume in daily time frame