Has to close above resistanceFor the last three trading days Rain could not stay above the resistance line. For making next upmove it has to close above 169 on Monday and will cross another resistance at around 185. In the intermediate term the stock is bullish Longby sabyasachi_nath1
Positional Bet Rain Industries Can give 20% move in coming weeksRain industries looking good for buy only for positional . stock recently broke above 200DMA with nice volume and broke previous major resistance which give us more confidence to go long. Earning announces today i am expecting a good gap up tomorrow . keep it simple . Happy Trading Please give us a like if you like this Idea , if you didn't please let us know what you think about this idea, so we try to improve next time .Longby Notorious_Trader2
Rain Industries - VCP on weeklySuperb volumes Superb structure. I will buy some tomorrow itself and rest on the retest of the BO levels, stop could be the latest low or 20EMA on a daily chart.Longby aashu24ahuja1
Resistance boLooks good abv 157 Only for educational purpose Not suggestionsLongby chauhanucbUpdated 1
Watchout for Resistance breakoutThe stock looks good above 162.4 level (strong weekly resistance breakout)Longby tanya1511815
Rain Industries Analysis 23 Feb 2021On Weekly TF Price is attempting BO again above 52W high. by silenThunderrUpdated 1
Rain Industries - Verge of a turnaroundTechnically the price is compressing with higher lows and could be coiling up for a breakout. Above 150 this stock could chart a new trajectory. Long at CMP and will double down above 156. This is more an investment buy as we wont be able to time entries but with the capex cycle complete this company will become a free cash flow producing machine. Expecting the target to be a new all time high in a couple years for sure as long as Aluminium prices sustain above $2000. 1) Their vertical shaft plant should be online anytime which will make them lowest cost producer by a margin 2) Their chemical division is now working in full swing 3) With AL prices above $2100 US Smelters are now profitable and demand for CPC will be up 4)They had a laggard in cement which too is now doing very well. 5) Their capex cycle is complete, now this company will become a cash producing machine with favourable tailwinds 6) See their operating cashflow numbers they are insane.by rdkriplani2
RAIN INDUSTRIES - Get Set Go....Riding the parallel Channel, it has made an inverted Head and Shoulder. Awaiting breakout of the neck line.Longby CuriousChartist2
Rain Rain Weekly - We can call it as a Inverted H& S. BO & Retest also happened. Longby Nitish1234563
Scalping Trade Intraday in RAIN INDPlease see the chart for the levels.Shortby Abhishek_TradersSinUpdated 1
Inverse head and shoulder pattern Break and now retestgo for long trend in chnge in weekly time frame hold for 2-3 year and see the magic retest the patternLongby equity_player3
Rain Industries ltd Do your analysis before taking any action. Target and entry-level is on the chart.by Antibearish270
Rain Industries - Long setupRain industries around breaking long term resistance and LL-LH formations. The stock is showing good volume support at the resistance zone. Next target around 200/240 Longby vivekjhaUpdated 111
Rain Industries add above 148 with SL of 126.Inverse Head & Shoulder with break out above 148 on weekly basis. Target 190 Plusby vijaythadani1011
Rain Industries 2D chartINHS pattern on 2D chart. Target 1 - 171. Target 2 - 220 Any dip towards 120 can be good for making new entries.Longby apurvadarsh115
perfect buy in rain industriesrain industries has broken above the long term resistance and looks like it has ended the consolidation period. targets are 195 &225Longby stock_Predictor112