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RAIN INDUSTRIES LTDRAIN INDUSTRIES LTDRAIN INDUSTRIES LTD

RAIN INDUSTRIES LTD

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RAIN trade ideas

Rain Industries : 97% to 1310% Upside Potential#Rain Industries : 20 Jun 2024 "Life is Simple, we make it complicated, So is Trading. Discover Simple, Yet POWERFUL IDEAS." In Play : HH : HL Summary • CMP : 170.50 • Clean Price Action with Vol favor's BULLS FOOT PRINT • Nice CONSOLIDATION of around 24 months • Trading right AROUNG VP mountains - ATH : 475 Conclusion • CMP 170.50 • Looks good for going NORTH • Higher Levels could be around o Imm Higher Levels : 331/427 o Potential Levels : 786/1286/1715/2403 Wish You Happy & safe trading "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
NSE:RAINLong
by DhirajSinghBais
SWING IDEA - RAIN INDUSTRIESRain Industries has emerged as an intriguing prospect, presenting a compelling case for a potential upswing. Reasons are listed below : Rain Industries has established a sturdy support base at the 145 level, providing a solid foundation for potential upward movement. The weekly timeframe reveals a bullish engulfing candle, signaling a potential shift in sentiment and setting the stage for a positive trend reversal. A bullish marubozu candle on the daily chart further strengthens the bullish case, indicating strong buying interest and potential momentum in the short term. The stock is bouncing back from the golden Fibonacci zone, adding a technical aspect to the trade setup and reinforcing the probability of a favorable price movement. The uptick in trading volumes is a positive indicator, suggesting growing market interest and participation in Rain Industries. Despite highs shifting down, the absence of new lows is a noteworthy observation, hinting at a potential reversal and the resilience of the stock in the face of downward pressure. Target - 184 // 206 // 253 StopLoss - weekly close below 145
NSE:RAINLong
by Visionary_Growth_Insights
Rain Industries: A Prime Swing Trading Opportunity Post-Trend LiGreetings, traders! We've identified an exciting swing trading opportunity with Rain Industries, which has just signaled a bullish trend line breakout. This movement is not only significant but is backed by increasing volume, indicating strong buying interest and investor confidence. Why Buy Now? Technical Breakout: The stock has convincingly broken above a critical resistance level, transforming it into a support zone. This breakout is a classic bullish signal, suggesting that the price is likely to continue its upward trajectory. Volume & Indicators Support: The breakout is accompanied by a surge in trading volume, reinforcing the move's legitimacy. Additionally, key indicators like the MACD and RSI are in bullish territories, signaling further upside potential. Solid Fundamentals : Rain Industries boasts robust fundamentals, including consistent revenue growth and strategic market positioning. This underpinning strength provides a safety net for the technical bullish scenario. Market Sentiment: The breakout reflects a positive shift in market sentiment towards Rain Industries. As the economy rebounds, the company's diverse portfolio positions it well to capitalize on upcoming growth opportunities. Trading Strategy: Entry Point: Look to enter as close to the current level as possible, ensuring you're capitalizing on the breakout momentum. Stop Loss: Set a stop loss just below the newly established support level to minimize potential losses. Profit Targets: Establish profit targets at subsequent resistance levels, monitoring closely for signs of reversal.
NSE:RAINLong
by kausar13n
RAIN Near/at BORain Industries has attracted loads of volume these past few weeks, infact I am bummed about this as I didnt catch it earlier. Even then the stock is near a long weekly base BO and even attempted that this last week. For the daring ones, this can be a good bet, for conservative ones, not so sure, Maybe keep a tight SL using the daily charts if that helps. Fundamentally, the stock is not very sound, High Debt to Equity ratio, last 4 quarters have not been good infact they have lost sales and earnings. Seeing volumes flock in here, might be the market telling good news is about to come, these kind of volumes are generally not wrong, lets see how this goes...
NSE:RAIN
by HawkishDove
Rain Industries LtdRain is into transforming by-products of oil and steel industries into high-value carbon-based materials essential to numerous manufacturing applications and end products. RAIN HQ is in India & it has manufacturing facilities in 8 countries across 3 continents. Fundamentals:- Debt is more than reserves. Current Price is less than book value. Dividend giving stock. Poor ROCE & ROE. Promoters holding is adequate & No promoters pledged. Technical:- Bullish Order Block is marked as Green shaded horizontal area. Resistances are marked as red horizontal lines. Stoploss is marked as orange horizontal line. Support is marked as green horizontal line. Resistance Trendline is marked in white. Price Breakout from Resistance trendline on monthly chart with Huge volume. Price is above 200 Weekly EMA & took support on it (Yellow Line). Breakout is supported by Huge volume (Largest monthly volume till now). Crux:- So Fundamentally not that great stock but a dividend giving stock. Technically its giving breakout above 200 - 205 with Huge volume (good for swing trade). Looks like operators Entry in it. Long Term investors need to wait for price to retrace till Bullish Order Block. Long Term investors keep Stoploss at 100 - below Bullish Order Block & support of 128. Long Term Levels:- Buy 150 - 128 Stoploss 100 Target 270 - 400 Swing & Positional:- Buy 200 to 205 Stoploss 150 Target 270 - 400 This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
NSE:RAINLong
by MasterTrader1949X
Rain Industry will give Returns like Rain if you will invest nowHello Everyone, i have brought a stock of carbon cement producer which has given neat and clean breakout of Bullish Triangle Pattern on weekly Timeframe. Cement sectors giants like acc and ultratech has given best qtr this time, seems this could be a game changer for cements stocks. if we talk about Rain industry it is trading now on high discounts from all time high. Technical analysis:- Price is above 200-DEMA Stock has given breakout of Triangle pattern Volumes are high in last 2 and half years. MACD has given bullish crossover( I have not placed MACD indicator on chart) About Company:- Rain Industries Limited (RAIN) is a leading vertically integrated producer of carbon, cement and Advanced materials products. Headquartered in India, RAIN has manufacturing facilities in eight countries across three continents. KEY POINTS About Rain is into transforming by-products of oil and steel industries into high-value carbon-based materials essential to numerous manufacturing applications and end products. The company is making a strategical shift from low-margin products to favourable product mix. Manufacturing Capabilities The company owns and operates a total of 17 manufacturing facilities which manufactures products for its 3 business segments. These facilities are established across North America, Europe and Asia. Its current manufacturing capacities are - Calcined petroleum coke - 2.4 MTPA. Coal tar distillation - 1.3 MTPA Advances materials production - 0.6 MTPA Cement production - 3.5 MTPA Co-Gen Power Capacities It presently has a co-gen power capacity of ~175 MW from its 5 waste heat recovery plants & WHR steam plants. It also owns 4 flue-gas desulphurisation plants for co-gen power. Carbon Products Segment (66% of revenues) The company is the world's largest producer of coal tar pitch (CTP) and the second-largest manufacturer of calcined petroleum coke (CPC). It manufactures CTP and CPC through its wholly owned subsidiary Rain Carbon Inc. CPC accounts for 39% of revenues of the segment, followed by CTP (36%) and other carbon products (22%) Advanced Materials Segment (26% of revenues) The company leverages technology for the downstream transformation of a portion of its carbon output, petrochemicals and other raw materials into high-value materials that are critical to the specialty chemicals, coatings, construction, automotive & other industries. It operates manufacturing facilities in Belgium, Canada, Germany and Netherlands. Resins accounts for 40% of revenues of the segment, followed by petrochemical intermediaries (25%), naphthalene derivatives (18%) & engineered products (17%). Cement Segment (8% of revenues) The company produces cement through its wholly owned subsidiary Rain Cements Ltd in the region of South India. It manufactures and markets high-quality ordinary portland cement (OPC) and portland pozzolana cement (PPC) under its own 'Priya' Cement brand. It owns one manufacturing unit in Andhra Pradesh and Telangana each, and a packing facility in Karnataka. It has a base of 2,000+ registered dealers for distribution of its cement. Market Cap ₹ 5,906 Cr. Current Price ₹ 176 High / Low ₹ 184 / 140 Stock P/E 20.0 Book Value ₹ 253 (Very positive) Dividend Yield 0.57 % ROCE 17.1 % ROE 19.8 % Face Value ₹ 2.00 Industry PE 41.9 Debt ₹ 9,372 Cr. (Negative) EPS ₹ 8.04 Promoter holding 41.1 % Intrinsic Value ₹ 330 (Very positive) Pledged percentage 0.00 % EVEBITDA 5.60 Change in Prom Hold 0.00 % Profit Var 5Yrs 10.7 % Sales growth 5Years 13.2 % Return over 5years 9.31 % Debt to equity 1.10 (Negative) Net profit ₹ 409 Cr. ROE 5Yr 12.9 % Profit growth -76.9 % (Negative) Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:RAINLong
by TraderRahulPal
RAIN:- Bullish Momentum Undervalued Gem with Strong FundamentalsStrong Support Momentum: Rain Industries is experiencing a notable upward momentum rebounding from a strong support level, indicating renewed investor interest and potential bullish sentiment. Technical Breakout: The stock exhibits a bullish engulfing candlestick pattern along with a breakout in lower time frames, providing confirmation of the bullish momentum. Volume and RSI Confirmation: The recent rise in trading volume and Relative Strength Index (RSI) suggests increasing buying pressure, supporting the bullish thesis. Undervalued PE Ratio: Rain Industries boasts a remarkably low price-to-earnings (PE) ratio of just 3.5 compared to the sector's PE ratio of 24.3, indicating significant undervaluation and potential for revaluation. Strong Fundamentals: The company demonstrates robust growth and profitability metrics, further underscoring its investment attractiveness. Trade Idea: With strong technical and fundamental indicators aligning, Rain Industries presents a compelling opportunity for bullish positions. Traders may consider initiating long positions, leveraging the undervaluation and strong growth prospects. However, prudent risk management practices should be employed, including the use of stop-loss orders to mitigate potential downsides.
NSE:RAINLong
by Marketik
3