NSE:RANEHOLDIN Above 1311 Target- 1360 Target Open above 1365 Sl- 1214 support- 1245-48 Rsi>60 Breakout with Volume Selling from Upper lveve also So be careful or wait for retest
Looks good for long term (duration few Months) Refer the levels in the chart for more info.
20/08/2023 Rane Holdings on Monthly Chart CMP:1002.95 Target :1185-1400-1600 SL:820 Information is only for study purpose
NSE : RANE HOLDINGS LIMITED Get more than 150% Return.
Rane Holdings-Nice breakout. Capital to be deployed- 20k Investing Price -1135-40 Breakout Price -1133 Stoploss-1017 Targets-1587/2042 #raneholdings #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
In the Weekly Chart of RANEHOLDIN , we can see that; it has given a breakout. Also it has given closing above 1000. Let it retest and the Enter with SL. Go Long till above target.
In the Weekly Chart of RANEHOLDIN, we can see that, its is getting multiple rejections at 975. its has good % of target. Plan asper your risk ratio.
Rane Holdings wait for restest and take long positions, for good upside.
1)Price is moving in the triangle pattern in Daily Pattern. 2)And in the Lower timeframe we can see an Expanding channel. 3)Once the price gives a breakout to the Expanding channel we can enter keeping the stoploss below the 600 levels. 4)By entering at this level we can wait for the breakout of triangle on larger timeframe to get more rewards.
Possible long above breakout , Investment call
Good demand zone with handsome target..
SL prior bar low