Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
Rain Industries Limited is engaged in the business of manufacture and sale of carbon products, chemicals and cement.
Rain Industries Breakout , waiting for retest and waiting for final confirmation
Fundamentals: Positive: 1. Increase in revenue 2. Profit from operating activities are increasing 3. Book value per share is increasing 4. ROCE increasing 5. Debt to equity is 1.1 Negative 1. Recent Qtr performances 2. 41% promoter holding Technical: 1. Multi-year trendline breakout 2. High momentum 3. High Volume Therefore buy it before it feels like, "...
RAIN stock formed a triangle breakout i expected to entry after golden zone 0.38 . long trrend
Rain 3 years symmetrical triangle break out happened with good volume leys seewhat will happened?
RAIN Industries Above 170📈 🟢 Why I suggested Rain to study at 140: - Positive cash flow - Trading Below Intrinsic Value - Stock PE 4 & TTM EPS 40 - Institutional Holding Up & Retail ⬇️ Stoploss 166 on Daily Closing Basis Add 10% @ CMP 20% @ 171 Targets 205 257 319 #Investing 💹
Rain has been consolidation for long. And take 3 time support from lower level around 150 level/- Now its given old 2.5 year old trendline Breakout Today by Giving us closing above 176/- Although 176 to 186 will act as strong resistance zone out here. Giving breakout above 186 level Will give Good entry point. Disclaimer:- THIS iS NO A BUY/ SELL...
RAIN has been consolidating for long and has taken support three times. Now it is testing it's 2.5 year old trendline. A closing above 176 will confirm breakout - although 176-184 zone will act as a strong resistance here. This is not a BUY/SELL recommendation. This idea is for Educational Purpose only. Learn & Earn, Dr. Tanya Kumar
Share Name - RAIN INDUSTRIES ltd Type- Long term and swing trade
Rain - BIG W in formation 1) MOving from Lower Trendline to Higher Trendline after multiple rejection on red line 2) Now rejecting Black dashed trendline 3) Rejection is with STrong Volume 4 ) Triangle formation General Points 1) Long Consolidation 2) Target is 10 times, timeframe 1 year 3) 8+ times Hit 4) Lets see how it Works
RAIN INDUSTRIES on weekly TF looks promising for a potential BIG breakout. Weekly candle is very bullish, KEEP A LONG TERM VIEW. ENTRY AT CURRENT PRICE OR IN THE RANGE OF 150-160 STOP LOSS @140 TARGETS : 190, 200, 250 TRAIL USING A COMBINATION OF 20 AND 50 EMA ON DAILY TF.
➡️ Held by Mohnish Pabrai who didn't book it at the previous ATH even ➡️Trading below B.V. Cons: susceptible to input costs and govt. regulations
Descending Triangle Breakout Setup Good base formed Volume increasing Wait for breakout confirmation
In the Weekly Chart of RAIN , we can see that, after up move it has created a Halt Candle. Enter on breaking its High with Low as SL.
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...
CMP - 149.5 SL - 140 (MCB) Targets - 200, 270, 400 Coming out of long consolidation More strong above 200