This chart is created on the request of one my follower. The stock seems to be breaking out the correction. All labels are marked on the chart. Regards
Stock with huge upside forming base Rain Industries CMP 179.85 Breaking triangular range on monthly charts Leading producer of Calcined Petroleum Coke Largest Coal tar distiller in the world Huge upside pending for stock Cyclic stock needs lots of patience Accumulation zone 176-185, Above 200 we can witness the opening of a new range. Strong Fundamentals, from...
#RAIN This is the 4th attempt that stock is making to break the diagonal resistance. Should the stock clear resistance and sustain, I think it can give handsome returns in coming days/ months. Stock has been in consolidation mode since more than a year.
As per my analysis, NSE:RAIN has been retraced 0.618% on monthly candle and taken support on 127 few days back. Now price continue to move for upside. Best buy level to take positional entry is 153 with stop loss of 140 (-13 points risk). Expecting upside target of 180 (+33) & 213 (+60). This could be low risk and high reward idea. Note: This is my personal...
Rain Industries has managed to sustain the support zone around Rs.140 which previously was a resistance zone with good volumes by end of the week. Immediate Resistance can be seen around the level of 190 along with a weekly trendline. If it manages to break the same, a potential target of Rs. 255 is activated, However the price must sustain above Rs. 170 in the...
#RAIN... Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a good movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
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...
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,...
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.
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
Watch till close of week, if it strong buy with stop loss
Rain Industries is one of the biggest producer of Calcined Petroleum Coke. The company operates in 3 business verticals Carbon, Advanced material and Cement. A negative aspect of the company is decreasing ROCE. Positive aspect of the company is Zero Promoter pledge as well as FIIs and MFs increasing the stake. Entry in the stock can be taken after closing above...
Fllow the Path Line ...My Unic Idea Of 3 Time Frame 1m,1w,1d And Conformation With 3 Indicator. Recomondate:First Paper Trade Then Learn. #3tx3i
@ajitdevkar Rain Industries ! NSE:RAIN One Can Enter Now ! Or Wait for Retest of the Trendline (BO). 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...
My positional up side view on NSE:RAIN . Best level to take entry is 163. Can hold till target of 183 (20 Points) Will exit from trade if price trade below 152 (11 Points) Note: This is my personal analysis, only for learning. Thanks.