A sweet blow of gains in RAIN Industries, can uppscale the gains, already 6% up and stilll look good for more gains, tight SL below the support and expected gains of 8-9% ...
Attempting trendline breakout, after forming a base, following a descending triangle pattern. may face some resistance at 185 levels, post which we can see some good momemtum. we can initiate a position with a small quantity and keep adding till 163 levels and wait for a bullish price action Note: This is just for analysis purpose, please do your own...
clear breakout of triangle pattern , if crosses the handle . clear tgt of Rs. 500 in few months time, if it crosses 270 levels. regards THE STOCK THEORY
Rain Industries informs about Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its...
After years the stock has finally got thru via the courts to import petcoke as a raw material. This will lead to peak utilization of the Vizag facility. The stock has broken out of the downward trendline, also broken out of the AVWAP of the entire downmove. Long above 209. The stoploss here would be deep so ideally if the stock dips before the breakout to say...
RAIN Industry has given Trendline Breakout couple of weeks back, It gave its range breakout of 190 odd levels last week. Support below160 DCB as all weekly EMA has confluence at those levels. This is tricky script has multiple instances of failed breakout in past so decide as per your risk appetite... DISCLOSEURE:- This post is for educational purpose only, I...
There is no guarantee in stock market and Nothing over week STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS} RAIN INDUSTRIES LIMITED Target: RS 212 CMP: RS 201.10 ENTRY RANGE: 199-204 STOP LOSS: RS 170 Disclaimer: I am not Sebi Registered.
Market Cap ₹ 6,764 Cr. Current Price ₹ 201 High / Low ₹ 209 / 140 Stock P/E 23.0 Book Value ₹ 253 Dividend Yield 0.50 % ROCE 17.1 % ROE 19.8 % Face Value ₹ 2.00 Graham ₹ 214 Intrinsic Value ₹ 330 EPS ₹ 8.04 Sales growth -0.42 % Sales last year ₹ 21,011 Cr. Sales growth 3Years 19.3 % Profit growth...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
stock has given desending triangle patterns brekout good to go long with this bo only for educationla purpose not for sugesstion
On the Verge of breakout of the handle. Cup and Handle pattern . 20 and 50 EMA Cross SL 141 TGT 1st 270 TGT Long 418
RAIN INDUSTRIES on a monthly breakout with cup and handle pattern Triangle breakout on weekly basis SL can be kept for Rs. 180 or IF it goes inside the triangle . TGT of 100% from here on the basis of pattern. thanks thestocktheory
Rain Industries is one stock where retails are more optimistic than the promoter but techinically their are 3 major red flags in price action 1 It has not crossed 61.8% retracement of fall from ATH to bottom 2020 2 The rise from lows of 2020 is not impulsive (god knows how some people are marking impulsive rise from 2020 bottom) 3 It has not crossed 61.8%...
Rain Industries breaking a channel with good volume built up #target can be 255 EDUCATIONAL IDEA
Rain industries looking good for buy and hold It is in strong demand zone Can enter CMP@146 Target@180 Stop loss@128
Rain industries coming to retest redline. price has long target in up side. but now small swing we expect this price 200 after retesting this level.
NSE:RAIN cmp 178 chart posted on 5th Sept 2023 when the price was 174 spent 3 months near this price and now it looks like going up expecting 270 as 1st target The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is...
1. Set up: Breakout 2. Pattern: Triangle Pattern 3. RR: 1:7