NSE: RAIN is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
Rain Industries Ltd. is the world’s leading producer of calcined petroleum, coke, coal tar, and other basic and high quality specialty chemicals. The company operates in three key verticals: carbon, chemicals and cement. It owns and operates 17 manufacturing facilities established across North America, Europe and Asia. Rain Industries CMP is 172.15. Negative...
RAIN INDUSTRIES LTD has given a good breakout in daily chart . If 175 level is break upside we can take A swing trade . Our SL will be 170 and target will be 184
NSE:RAIN One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss,...
wait for green candle and 10 ema indicater used when 10 ema cross green candle and stoploss when touch green candle 10 ema cup and handle pattern try
Big breakout happened in RAIN chart 1.Strong volume buildup 2.weekly breakout doe in RAIN chart
Resuming Uptrend, Can go to near its all time high in coming time.
Rain 1w buy cmp target 176,186, 199, 204.65 risk reward 4.2 sl 157
RAIN Has given a breakout this setup looks amazing from cmp we can take a trade. I DAILY POST BREAKOUT STOCKS FOLLOW FOR MORE.
Bullish breakout in RAIN INDUSTRIES The price was trading in downtrend from past few weeks and getting rejected by the falling trendline. On 5 June 2023, price broke out and closed above the downtrendline signalling BULLS has stepped in and downtrend may be over. Today, on 14 June, price broke out and close above the previous Lower High resistance of 165. This...
NSE:RAIN is continuously trading above support of 148. As per my analysis, it is best time to take positional buy entry at level of 150 with stop loss of 140 (-10 points risk). My expected upside target would be 153 (+3), 165 (+15) & 185 (+35). This could be low risk and high reward idea. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
RAIN Sell for intraday trading if stock breaks the given support level............
RAIN Sell for intraday trading if stock break the given support level..........
"I am not a SEBI Registered Advisor. All my sharing are published for educational purpose only. Do your own research before making any trades or investments."
NSE:RAIN Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
The stock is fundamentally strong. Debt equity ratio below 2, dividend paying company, Promoter holding ok, pledged zero ,ROCE & ROE good, PB ratio 0.87, PE ratio 4.88 - nearly 80 % below industry PE. UNDERVALUED STOCK. RSI CHART ON DAILY & WEEKLY FRAME INDICATE BULLISH MOVEMENT IN STOCK VERY SOON
NSE: RAIN is closing with a bullish candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The...
Watch till close of week, if it strong buy with stop loss