RAIN / LONGSETUP/ ENTRY 119/ SL 115/ TGT- 128-136-145RAIN INDUSTRIES IS A GOOD LONGSETUP ENTRY CAN BE TAKEN AT 119 WITH A SL OF 115 FOR TARGETS OF 128 T2- 136 T3-145
FOR STUDY AND EDUCATIONAL PURPOSE ONLY
RAIN trade ideas
BearishRoughly maintaining the last support line. In case of sudden spurt in momentum, it may see a level of 191 in intermediate term. There is also a chance that it will be consolidating till November'19.
Rain industriesAbove 130 good for short time till 155......
Below 90, dust it out.
Above 155, good for long trading.
Rain industriesshould watch this place..... it is consolidating within the boundaries. The lower line/upper line break out will decide the course.
Rain IndustriesHello Friends,
Rain Industries - price corrected around 80% due to carbon price correction.
when a price is correct by 80% it is worthy taking a watch as an investor / long term traders.
As per TA, it is making a long falling wedge and most of the time wedge tend to break upside. So,
one can buy between 85-105 rs and sl below 85 for the target of high (480) again in 1-3 years period.
Traders can wait for the wedge breakout and take a call. The blue line is expected price movement in coming weeks.
Please post your comments.
Rain For Positional Gain - Buy Rain Industries, a beautifuk emerging trend is visible. Go long for massive returns in near future.
Rain IndustriesAn old favourite of mine, above todays high, it could move into a new phase to the trend towards 116. Once it breaks above 116 is where i will for sure be loading up again on this stock. Too much potential, Q3 is when all new capacities start to come online too.
Ps: Pardon the excess lines on the chart but they are just supports and resistances of the past which are still important to me.
Crossed descending resistance line with bullishnessIf it remains bullish consistently for a couple of days, intermediate term target will be 148
longwith stoploss of 89.
entry after valid breakout.
long term investment.
it was consolidating from long time, so after valid breakout can go long
