Stock go long first 114Stock got momentum high acc to Chart, soon touh 114 firstby pevindertechnical5
RAIN broke the resistance level, Expecting upper movesRAIN in NSE has recently broken the resistance level of 84.50 Now, close above it I will be opening the long positions tomorrow, at a good entry Positional trade, Targets will be: 100, 114, 130Shortby trader_calm6
Double bottom formed in rainDouble bottom formed ,it broke the trend line and retest alone given . target will be 82which touches the fib level and the resistance level Longby vrish5
Rain industries - Trend lineRain industries - formed Trend line , so the target will be 114 & 122Longby vrish2
raintrend line support at 94 and resistance is 100. best buy above 107 for long termLongby BharatMehra5
#RAIN Downward Breakout- Decending Triangle : busted patterns Downward Breakout- Descending Triangle : busted patterns after the downward breakout reverses All information is only for educational purpose.Please consult your adviser before it. 1. Firstly its very risky to trade on this stock since its has been falling very badly and running in downtrend 2. But deploying some money and taking tight stop-loss will likely to taste this water. 3. Hence deploy around 5% of capital with SL of last bull candle low is 90. 4. Seems its valid Decending Triangle patterns considering two or more support and two or more decending high. 5. Volume is decending. 6. Busted pattern after the downward reverse. 7. Predicated target by math is C-A = Ans then A-Ans = Target So 147-95 = 52 , 95-52 = 43 hence Target price would be 97(CMP) +43 = 140 (Hypo Target) is not expecting 8. My target will be around Point D resistance 120 is nothing but 20% around if all good then will keep trailing SL at 120 and see how much can collect. 9. STRICTLY DON'T Take trade with full money since I had a very bad experience with this stock where its has felt 16 % in a day and be causation with his lower circuit. So planning to put trade with strictly SL 90. Info : Upper Circuit Limit (Rs.) 116.20 Lower Circuit Limit (Rs.) 77.50Longby Momentum_Catcher1
Rain Industries Ascending Triangle On the dailyCan be used to scalp and long/short on breakout either way after restest. SLs can be moved to nearest high or low after breakouts. Wait for shakeouts in either directions before making a decision. 10% moves in a either direction could be possible for shakeout and could last for a few weeks. This would lead to a very strong move in the opposite direction! by hunter125555Updated 3
Rain has gone above last support support.If the support at 157 is held for a couple of days and up move resumes, in intermediate term 210 can be seen.Longby sabyasachi_nath2
Rain Industries Rain Industries , Slowly making some noise . if it break out of 188 range can see a rise 20-30% . A review at levels of 230 needs to be done if it breakouts of INR 188 Longby ProtikKudva2