RAIN - Cup & Handle PatternLong round bottom consolidation and a handle formation + Triangle - Chart levels are more self explanatory.
Bullish in the weekly charts can expect a breakout soon
RAIN trade ideas
Rain Industries, can be raining money, as big as 40-50% from CMPVery good chart structure, with base formation at INR 100, accumulate on dips and Stop Loss of INR 95, with targets of 10-15-25-40% from CMP
[Buddha] RAIN Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
RainIndustriesHope this will bounce and do well as per todays candle ..but long term investors can get chance at 120-127
Rain industriesRain industries to bounce back from this level it seems... Chats self explanatory
Solely for leading and education purpose...
RAIN CAN DRAIN YOUR BAD LUCK1. Rsi is taking support on 40 levels
2. Price is also getting support on the levels
Buy Today, Sell Tomorrow: RAIN for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in RAIN
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: RAIN for more than 5%
Swing tradeI am not a SEBI stock research analyst this recommendation is only for education purpose buy at current level with immediate target 5%+ with SL Any candle close below current candle
RAIN INDUSTRIES CUP AND HANDLEIt is showing a clear cup and handle formation on daily charts, can give targets of approx Rs 270/- in short term.
Disclaimer: I am not SEBI registered and all the analysis is purely for educational purposes. Not a buy or sell recommendation. consult your financial adviser before entering any trade.
cup and handle pattern formation in RAIN indus.cup and handle pattern in rain industries. after neckline breakout, we can see upward movement in the stock. target 270*/305
10% Target in Rain Industries | Swing Trade10% Target in Rain Industries, wonderful Swing Trade
Reasons to trade -
1. Trendline support
2. 50 EMA breakout
Long Rain Industries...Cmp 226Rain Industries
Cmp - 226
Stop - 200
Expectation -
T1 - 320
T2 - 400, Review at 400
Expected Holding Period - 4 months or earlier for T1, 8 months or earlier for T2
View:- Swing/Investment
Swing Opportunity - Rain IndustriesRAIN INDUSTRIES
It is forming Cup n Handle formation on Weekly Chart.
Can buy at CMP or near the trendline support.
SL closing below 190
Targets - 250, 270
Close above 270, it will be CnH breakout.
Disclaimer - Chart posted only for learning purpose. Please do your own analysis before initiating any trade.
rain industry ready for 5% upside Rain industry is ready for 5%upside again, next few trading days will be sufficient to reat it 5% upside
RAIN INDUSTRIES◾Weekly charts
◾ Rounding bottom pattern in formation
◾3 TO 6 month positional view🐂
◾SL Below 197 On closing basis
Rain At Third TouchRAIN Industries making pattern for too good return.. Add in parts... Closing above 245 will be good.. Positional target is 270+
Rain Industries - Long term bullish channel, breakout likelyChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
