RAIN trade ideas
Parallel Channel and Horizontal Weekly breakoutRain has given weekly breakout as well as breakout of weekly horizontal resistance. Will buy for target of ATH with SL of 190 on Weekly CB
This is not a buy / sell recommendation but publishing my ideas for educational purpose
Target 1 (55%) achieved in Rain Industries. Target 2 is ON...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 consult your financial advisor before taking any trade.
RAIN INDUSTRIESRAIN 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 Breakout View.Rain Industries Rounding bottom Breakout View. Good to go long. Also Good RR.
RAIN Industries buy @254; T-370; SL225RAIN Industries buy @ 254; T-370; SL225
It has had a long term accumulation at the bottom. We can expect a good upward movement now.
The stock is gaining really well on the upward side.
One can expect a multi-year high in the coming time provided the steam remains.
RAIN positional trade ideaGood risk-reward trade is visible in this chart with the best buying range between 220-245 with SL below 205 for the target of 300+ in around 9-12 months.
RAINIt's given a ROUNDING BOTTOM breakout in previous week on weekly chart & look at the VOLUME accumulation from past few weeks . I think after a pullback it's could be good stock for long position.
Can go long for few weeksTaking good support from bottom trend line. Can easily move till the upper trend line.
Intraday 4% return on 1st day NSE:RAIN NSE:RAIN
NSE:RAIN industries TL & Resistance BO resulted 4% return on 1st day, check the levels marked , Entry level respected very well.
Two targets marked for positional traders, For un predictional moves on market, use resistance level as SL for positional traders.
Intraday traders can use nearest candle low as SL.
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