Rain Industries - 26th Feb Outlook - Target Rs. 190

• Rain Industries Quarterly results are out - almost within expectation yet lower than 2019 Q4 (If I am not mistaken)
  
  However, we are also seeing strong Gann Harmonics for 26th Feb 2021, and can lead to major upward movement till Rs. 190 (also part of Wave target) (with minor corrections or pull backs - advised to keep stop loss below Rs. 155 level)
  
  
• It saw high of Rs. 174 in anticipation of good Q4 result, followed by pull back and booking of profits. However, this stock looks good overall even on weekly and monthly charts.
  
  
• Target Rs. 190++
  
  

Trade active:

We are looking at some pull back due to market trends, but during this time we can buy more during dips or stay put. Further, major upside will happen on 17th March 2021

Trade active:

Trend Reversal + will move up 160++

Trade closed: target reached:

Reached Target .. follow for more trade ideas like this. 187++ to 190++ from 148 levels.