RAIN has a target of 425Stock in CD leg of BAT pattern, which incidentally is also 127.2% of AB.....target 425
RAIN trade ideas
RAIN INDUSTRIESRED HORIZONTAL LINES indicate the resistance and the GREEN HORIZONTAL LINES indicate the support level
RAIN LONG (INTRADAY NOV 2)RAIN INDUSTRIES in 15 min has given breakout of falling wedge pattern. now it could go upside. Thank you.
RAIN INDSUTRIES Positional up side viewMy positional up side view on NSE:RAIN . Best level to take entry is 163.
Can hold till target of 183 (20 Points)
Will exit from trade if price trade below 152 (11 Points)
Note: This is my personal analysis, only for learning.
Thanks.
RAIN major levels Rain industries major support levels where candles can take support in its downside movement
Rain Industry Long Target 1 233 Target 2 273 TF 1-4 MonthsRain Industries is in up trent & consolidation near its resistance of 200 and forming inverse head and sholder / cup with handel pattern . One can buy at these levels for near term targets of 233 and 273 in next 1-4 months
For Education perpose only
Rain Ind long setup, Swing/Investment Rain Industries has broken daily trendline, retested and closed above it.
Also it has broke the lower low structure and closed above recent swing high.
Seems good for long above 165.
Targets 200, 240, 250+
SL 150.
Pl like and follow
Saptarish Trading
RAIN INDUSTRIES IS LOOKING VERY BULLISH ABOVE 180RAIN INDUSTRIES IS LOOKING VERY BULLISH ABOVE 180 SL WILL BE BE THE THIRD LINE CONTACT.
Hope my view will help you all.
Follow and stay tuned.
Rain Industries1. Breakout from the falling wedge.
2. Yet to do proper trend reversal
3. The selling that came at 163 at June 2022 till 135, couldn't repeat again due to the buying pressure.
4. Can go for longs for aggressive entries
rain industriesThe company is in the business of manufacturing and selling carbon products, chemicals, and cement and has a market capitalization of INR 5,211 crores. The share price of Rain Industries is currently trading at a P/E ratio of 8.98, compared to the industry’s average of 12.11.
it has given a breakout from a downward channel on the weekly chart.
RAINNSE:RAIN
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
RAIN INDUSTRIES Trend AnalysisTechnically highly bearish as RSI dropped below 50 level with declining volume.
Price broke out of a symmetrical triangle pattern, retested and now heading lower towards buying zone highlighted.
Buying zone lies in confluence with KEY SUPPORT level and FIB Golden Zone
Accumulate around 135-150 levels for a good positional target around its ATH 440-460 levels (220% ROI long term)
You may consider keeping stop loss @ 125 (optional)
Potential risk reward ratio 1:10
As I say always do your own research before trading or investing.
Peace!!
CUP FULL OF PROFIT. (RAIN IND.)Formation of Cup and handle ☕ on bigger time frame on Rain industries.
Rain IndustryRain Industry Follow the trend. If it breaks above trend line then target will hit. If it touch the down trend line it will fall further
RAINNSE:RAIN
please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
RAIN is ready to buy for positional trade.Aim for 6-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
It is an analysis video. Take your decision on your own.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
RAIN industries ltd.cup and handle pattern form in rain industries ltd. breackout ke baad long ja sakte hai
RAIN INDUSTRIES - Opportunity at 195 (potential upside ~2.2x)RAIN INDUSTRIES has strictly followed the channel (blue) for close to 13 months before breaking the same - another channel has emerged (red). #RAININD can go down to INR 195 and still remain in the red channel with an upside of 31%. If it manages to enter the blue channel again - it can go as high as INR 426.
Can consider buying once it falls another 5% from current levels.
