Get started
RAIN INDUSTRIES LTDRAIN INDUSTRIES LTDRAIN INDUSTRIES LTD

RAIN INDUSTRIES LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals Bonds

RAIN trade ideas

Support Zones for RAIN [EW Count, algo targets & more]Primary Elliot count for RAIN Industries, with algorithmic targets for market makers to close their shorts . Support Range 1: 188-210 Very common for a wave on high degree to retrace at 61.8-65% fibonacci levels. Previous resistance factored into the zone. Prime targets for algorithms and market makers who bought in previous local high to close their short positions. Possible reversal at low volume node marked by arrow on the right. Support Range 1: 120-150 Should Range 1 fail, I see 120-150 as the next influential support level. Although 61.8 is prime, next fibonacci level is 78.6. Previous highs, now turned support. Possible reversal at low volume node marked by arrow on the right.
NSE:RAIN
by marzil
1
#RainIndustries - About to see Rainy Days?The stock witnessed a massive uptick in 2017 being one of the top gainers for the year. However at the turn of the year in 2018 it has struggled to match it's own performance and has seen a good correction of over 30%+ from the highs it registered in January of this year. The stock is forming a nice Head and Shoulder Pattern however has not given a price break down yet from there. However, after 3 unsuccessful attempts today the stock has managed to give a decisive close below the 38.2% Fibonacci mark. On the weekly scale the stock seems to have given a break down but on the daily charts an important observation to be made is that when the stock reaches near 30 odd levels on the RSI, it gives a pull back. Taking into consideration all of the above factors, one can expect a bounce round the corner but not strong enough to change its current down trend. Once a convincing close of a price break down is witnessed below 304 levels, then further rainy days can be expected of the stock. Disclaimer - I don't own any positions on the stock.
NSE:RAIN
by Jeet24
Go Long! NSE: RAIN INDUSTRIES BSE: 500339 | NSE: RAIN Previous Close as on Friday, January 2th, 2018, 3:40 PM: ₹332.40 Buy at: ₹326* Stop-Loss at: ₹301 1st Target Price: ₹375 2nd Target Price: ₹400 Duration: 1 month *Buy only if the stock has touched this price while rising. The stock may correct beforehand and then start its upwards trend. Not guaranteed as the stock market is subjected to market risks. These calls are based on my own research and are meant for paper trading. Please do your own research if you are interested in investing or trading in the stock market.
NSE:RAINLong
by leroyjd123
2
LONG - THOSE WHO MISSED THE BUS ( investment) Bullish Trend Rain Industries hit a new high of Rs 374, up 10%, extending its Wednesday’s 6% surge on the BSE, after the company reported robust set of numbers for the September quarter (Q3CY17). The company reported 94% year on year (y-o-y) growth in net profit at Rs 246 crore in Q3CY187against Rs 127 crore in a year ago quarter. Net revenue grew by 33% at Rs 3,038 crore on y-o-y basis. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) margins improved to 22.1% in Q3CY17 from 19.8% in Q3CY16 and 17.2% in Q2CY17. Rain Industries' expansion projects completed over the course of last two years, and improved capacity utilisations are contributing to revenue and EBITDA growth. Industry fundamentals enabling improved realisations and higher volumes in carbon products, while functional integration across all the three geographies has improved efficiencies and enabled cost reductions, it added. Rain Industries is engaged in carbon products, chemicals and cement business. At 09:56 AM; the stock was trading 7% higher at Rs 364 on the BSE, as compared to 0.43% rise in the S&P BSE Sensex. A combined 5.47 million shares changed hands on the counter on the NSE and BSE so far. In past one month, the stock zoomed 94% against 5% rise in the benchmark index. Source : Business standard
NSE:RAINLong
by Dragonchaya
11
Rain - Monsoon BonanzaMonsoon is in flow and the scrip has also taken strong bullish ride breaking 52-week crucial resistance after block deal economictimes.indiatimes.com Although, corrections may happen due to profit booking by shorters and swing traders, The scrip can go long towards price target (mentioned in chart) as strong bullish trend can be noticed for now Not complete formation of Cup and handle pattern but atleast, reversing bottom can be seen as it is missing the handle currently :) Traders/investors can see to start trade post confirmation, after scrip crosses 134-136 price range with more bullish engulf or continuous white candlesticks Support or SL = Breakout (resistance 52-week high) or even lower, depending upon the risk appetite (Ignore the 123-resistance seen at top-right)
NSE:RAIN
by amankavi
1