RAIN | After Symmetrical Triangle Pattern• After Symmetrical Triangle Pattern showed bullish movement • Entry:- 179.35 break • Upside Resistances can become our targets. Targets :- 185.60 , 191.55 , 195.90 Stop Loss / SL :- 170 Support zone .Longby Pravins333Updated 4
RainAlways follow Risk and Position Management❇️❇️ For more information like this follow me in Tradingview @Jagadeesh11616125 Happy tradingby Jagadeesh11616125Published 3
Be ready for big upside move of RAIN INDPerfect setup for investors entry in RAIN INDUSTRY for traders entry they should watch big huge volume nd ready to enterLongby JagadishdhirrwaniPublished 110
Rain Industries Inverse Head and Shoulder pattern formation.Hi, Please check chart for more details. Thank you,Longby Purush_cadPublished 4
Rain bullish set-up Stock consolidated for very long with just one swing high and low (BOX). Also stock took support on a major support level as shown on chart. Volume spikes are also visible during consolidation and after Breakout. RSI is also greater than 60 , showing strength. Stock may test its upper resistance level around 205. Disclaimer: I am not SEBI registered.Longby AdNoorPublished 1
Fresh ImpulseThe Scrip is looking promising to me:- - As the it made another HH on closing basis, EW counts suggests impulse move has started again. - From Classic Technical Analysis, the stock broke out of the classic ascending triangle or VCP pattern. Please do your own due diligence as this is my personal views only.Longby riskOmeterPublished 2
Rain Industry Weekly Analysis for LongNSE:RAIN Weekly Analysis for Long Sustained above 0.5 L, H, LH, HH structure formed Consolidated and breakout with good volume in daily time frame Longby sugatmankarPublished 2
Rain Industries Rain Industries Looks good at CMP for Target 208, 250, 270++ Reasons for longs; 👍Quarterly results are out. Numbers are good Yoy basis. 👍Situation in UK is expected to improve with new goverment in power 👍The plant which was shut down because of economic crisis in UK is expected to resume with the improvement. 👍Booming sector 👍Fair valuation 👍Inverted H&S in making. 👍 Favourable RR 👎SL Below trendline Updates from previous ideas 👍GNFC - 700+ 👍Deepakntr - near 1st Target 👍Gail -90+ 👎Bandhan Bank - SL hit 👎HuL - SL hit 🤙KRBL - Still strong went up more than 400 HOLD Longby StockiistPublished 112
rain industries ....rain industries .... 1 - forming inverted h&s 2 - w pattern 3 - price trading near 200 ma buy above day high t1 @ 173 intraday t2 @ 180 swing t3 @ 186 swing t4 @ 200 swing Longby rajat_chandanPublished 0
Rain reversing from retracement levels Expecting Big Move Rain industries reversing from 61.8% retracement level positive RSI on Daily & Weekly Time Frame Big rally from current levels Expecting 50% Rally from CMP Longby FinancialWaveTraderPublished 0
Rain Industries chart looks GoodAfter crossing the first level it will try to fill the Gap and then reach the resistance level. Any suggestions, pls commentLongby ayushanandPublished 4
Definite Buy - Morning star near support lineYou can see the chart. Support and resistance lines are drawn Buy: @CMP SL: 175 Target: 200+Longby Amatuer_SanjayPublished 4
RAINBearish divergence seen in rain , expect more downside towards 160. Shortby KapildsrawatPublished 220
Its Raining breakout - Rain IndustriesBuy above 206-7 for 1:3+ Risk Reward Breakout likely above these levels Simple chart formation Need support with volume for price action to sustainLongby Puneet2020Updated 1
Rain IndustryRange breakout after long consolidation and immediate target is 225-247-267 with sl 195.Longby sandeep_mittal43Published 0
Long Rain Industries at 195Make use of this dip and buy Rain industries which is running around 195 . Stock is trading near to the support and the risk reward is favourable. One can add further when in crosees 202 levels. Target for the september month is 220 plusLongby Charandeep_SnghPublished 1
My view on RAINRain industries should give trendline breakout above 202.Looking tgt 205-208-210 in very short term.We keeping on radar Rain 210 CE sep.Longby M_K_PUSHKARPublished 0
Butterfly Pattern in Rain IndustriesThis stock is off late making lots of noises ( rather right noises) -) Though it was a laggard for a while and now suddenly started moving in the right direction. Fundamentally its a fantastic company and now technically its ready to fly. It has formed a butterfly pattern and will move upwards. Results were fabulous and everything is good in this script. First hurdle may be around 211/215 after which its a smooth sail. Check this stock and revert back.Longby sbharadwaj2007Published 112
Rain industries @ PE of 5, with current PA, BUYRain industries, is valued at a PE of 5 at the current price. With heavy delivery volumes in the consolidation and highs being tested again and again, there is a big chance of uprise to 220 to 250 levels in the short term , BUY. Buying 200 AUG CE @ 4 rs and selling 210 AUG CE at 2 rs offers a good RR of 4 Rs. Good trade to take considering current bullish trend and declining crude and energy prices. Longby gamerboiPublished 118
RAIN IND looking bullishRAIN IND Daily chart crossed 200 ema, TLBO and the selling zone is around 50-60 points away Can buy at 190-191 levels for target of 250+ with SL below TLBO candle i.e. 161Longby pranjalitigadePublished 0
RainRead About WEDGE PATTERN WHAT IS A FALLING WEDGE PATTERN? The falling wedge pattern is a continuation pattern formed when price bounces between two downward sloping, converging trendlines. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend. HOW TO IDENTIFY A FALLING WEDGE PATTERN The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern which gives rise to some confusion in the identification of the pattern. Both scenarios contain different market conditions which must be taken into consideration. The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend. Continuation or (Reversal) Pattern: Identify an uptrend or (downtrend) Link lower highs and lower lows using a trend line. The two lines will slope downwards and converge Look for divergence between price and an oscillator like the RSI or stochastic indicator Oversold signal can be confirmed by other technical tools like oscillators Look for break above resistance for a long entry The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout occurs. While this article will focus on the falling wedge as a reversal pattern, it can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns. #Watchlist #RAIN (D):-CMP 191.35 Looks Good For More Upsides :) #Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions. #StockToWatchLongby Charts_insidersPublished 3310
Rain industry Risk reward ratio :- 1:1 W pattern on weekly chart INSIDE BAR ON MONTHLY CHART DAILY RSI ABOVE 60 Longby shahshaswat9Published 1