RAIN INDUSTRIES MOVING TOWARDS ALL TIMEHIGHRain industries in clearly taking a support and showing potential to cross the all time high. The stoploss for rain industries would be 236.55
Target - All time high
Stoploss- 236.55
RAIN trade ideas
Rain industries swing setupThe stock has given breakout in daily timeframe; currently in an upward channel,
can accumulate for targets;
T1:260
T2: 270
Sl : 222
Rain Industries long setupRain Industries to go long at 245 with stop loss of 190 for the target of 350 and 450
Positional View Rain industriesPositional View Rain industries
All Technical patterns are marked.
Target zone is marked for next Swing move.
Rain Industries (Long)Stock is ready to fly with tgts ... SL ... Buy price given on the chart.
It took support at 200 EMA.
Crossed resistance of 206.
Took support at all time trendline.
191 was earlier a resistance and later took support at 191 for 4 times.
Good volume coming in this stock.
Broken falling trendline.
Buy this stocks for tgts and SL as mentioned.
Please do analyse yourself also on charts. This is for educational purpose only. Must consult your financial advisor before investing.
Double bottom pattern formation and CIP Zone- RS is positive again
- CIP Zone(Change in polarity)
- Formation of Double Bottom
- WTF volume breakout and low volume retest is clearly visible
RAIN INDUSTRIES Rain is trading in triangle pattern from long time and is now ready to breakout. Volume is greater than 7 days average.
RAIN Looking Bullish above 230RAIN Industries Looking Bullish above 230 will touch 240-250-270 Respectively in coming days
Taking a good support While following the uptrend, it is taking a good support at 44 ma, high chances for the tomorrow upmove, so keep this stock in your radar.
Taking a small support While following the uptrend, it is taking a good support as well from 44ma, high chances for tomorrow upmoves, so keep this in your radar.
RAIN - Long term investment RAIN INDUSTRIES - Our long term investment pick.
Look at the overall structure.
It is forming smoothed cup on larger tf, whereas currently it is travelling in a cannel, whereby the bottom has been made a few weeks back.
According to me, it will obey the cup structure or 21 EMA on weekly basis and develop slow & consistent pace and breach the cup.
VERDICT - A must add portfolio stock with highly scalable business and even higher growth potential.
Available cheap.
Rain Industries Cup And Handle Pattern On weekly chart NSE:RAIN
Rain Industries on weekly chart form a cup and handle pattern and almost ready for big blast rain industries will show good uptrend from here onward. to be safe side one can wait for follow through buying on daily chart. CMP is 243.3 while 190 will be good support.
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RAIN INDUSTRIES WEEKLY LONGRAIN INDUSTIES has formed rounding bottom on weekly chart and the up trend is intact with rise in volume.
Looking at the chart Stop loss of 195 and targets of 320 can be seen first. Plan your trade based on risk reward
RAIN - Time to add more Is in the process of retesting the upper end of the channel and supply zone.
More qty can be added at these levels.
A bounce would be ferocious!!
Rain Industries LongRain perfect for medium term share( 3 month -1-2 year+).
Huge volume build up
Breakout with huge volume on weekly chart
Weekly candle breakout retest
Sector has tail wind
Consult your financial advisor
go long in rain industries NSE:RAIN
cmp 255
buy at accumulate more around 240 to 245
sl below 200
target 470
reason -weekly breakout of rounding buttom
popped out of the channel _ break outRain industries has BO of the channel just now...if the broader market is steady it could move up
CMP 205.8
Target 229
This is an idea, not advice to trade. trade with SL.
RAINPrice moving with strong Volume
expecting small profit booking and further upmove to marked levels.
**Educational view only
Rain Industry 3 years of consolidationAfter long three year stock has touched 217. Now stock has to break 217 decisively for further upside.. Today Mohnish Pabrai has sold 1.5% in Rain industries.
