Rain industries major support levels where candles can take support in its downside movement
Rain Industries has broken daily trendline, retested and closed above it. Also it has broke the lower low structure and closed above recent swing high. Seems good for long above 165. Targets 200, 240, 250+ SL 150. Pl like and follow Saptarish Trading
Kohinoor a adani company was a very good rice mile industry with a good name this year the rain was average due to these less the productivity of rice has been decreased and less tons of rice has been grow soo we expect some rise in the price of rice in upcoming 2-3months soo kohinoor was In focus it also give a good breakout buy it above at Buy kohinoor at 84.2...
RAIN INDUSTRIES IS LOOKING VERY BULLISH ABOVE 180 SL WILL BE BE THE THIRD LINE CONTACT. Hope my view will help you all. Follow and stay tuned.
Technically highly bearish as RSI dropped below 50 level with declining volume. Price broke out of a symmetrical triangle pattern, retested and now heading lower towards buying zone highlighted. Buying zone lies in confluence with KEY SUPPORT level and FIB Golden Zone Accumulate around 135-150 levels for a good positional target around its ATH 440-460 levels...
Rain Industry Follow the trend. If it breaks above trend line then target will hit. If it touch the down trend line it will fall further
Rain Industries to go long at 245 with stop loss of 190 for the target of 350 and 450
RAIN Industries Looking Bullish above 230 will touch 240-250-270 Respectively in coming days
NSE:RAIN Rain Industries on weekly chart form a cup and handle pattern and almost ready for big blast rain industries will show good uptrend from here onward. to be safe side one can wait for follow through buying on daily chart. CMP is 243.3 while 190 will be good support. || hari om || || Shree Ram || || Ambdnya ||
This analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target This is not a trade recommendation. Do your own study before entering into any trade. Trade with your own risk & money management. Feel Free to comment for any query or suggestion.
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...
Rain Industries Limited (RAIN) is one of the world's leading producers of calcined petroleum coke, coal tar pitch and other high-quality basic and specialty chemicals. The group continues to grow through capacity expansions, and mergers and acquisitions across the world. NSE:RAIN My entry is at 132 and target is of 199 (50%) with stop loss of 102 (22.5%)...
An Inverted HNS on display. Awaiting a Breakout. Above 129 , very likely the price would start trending upwards and Above 150, the pace would most probably pick up. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement...
This analysis is purely based on price action and Chart Patterns. The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade logic with SL and Target is explained in image itself. Entry can be made on first sign of reversal from the retest-level Don't chase the price. Always plan your trade & trade your plan Keep...
Hi Everyone, Here is an update on Rain Industries which is looking like a very good technical setup. Please see below key points from the Technical set up 1. The current trend noted is the Ascending Triangle 2. In Ascending Triangle, prices eventually break through the old highs and are propelled even higher as new buying comes in 3. You may already notice...
NSE:RAIN Good buy upto 112. Can consider for target of 124-130. Exit below close of 103
RAIN 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, 130