Rain Industries Ltd - Long BUYRain Industries Ltd - Long BUY
fundamentally and technically strong company
now trading at good valuable price go for long
Rainindustries
RAIN LONGForming a Triangle Pattern in Weekly timeframe.
Good for Short term.
Target Recent Swing high.
Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only.
RAIN INDUSRIES LTDThis 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
Rain Industries Boom Above 200Stock 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 a sector of petrochemical, management working on reducing Debt
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#RAIN - Attempting a clear breakout - Looks great#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.
Rain Industries Best Risk Reward IdeaAs 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 analysis, only to learn stock market behavior. Kindly do your own analysis/research to take any trade. Thanks.
RAIN Possible Breakout above 190.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 upcoming days. If price manages to close below 170 the setup becomes invalid.
Buying is recommended at current market price and dips till 170.
Please give a boost and comment if you find the analysis helpful and consider following for more. Any Request, suggestions or advice are warmly welcomed.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
#RAIN...looking good from 31.07.23#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
RAIN - Bullish Momentum with VolumesNSE: 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 capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Rain getting ready to rain bullishlyRain 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 aspect of the company is declining annual net profit. Positive aspects of the company are low debt, improving cash from operations annual, zero promoter pledge, FIIs are increasing stake. MFs are increasing stake.
Entry after closing above 174.5. Targets in the stock will be 180 and 185. Long term target in the stock will be 190, 197 and 205. Stop loss in the stock should be maintained at closing below 154.
RAINNSE: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, Shared for Educational purpose
RAIN High Reward Low Risk IdeaNSE: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 INDUSTRIESNSE: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!
RAIN INDUSTRIS BULLISH IN COMING TIMEThe 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
RAIN breaking triangle pattern. Keep it in watchlistWatch till close of week, if it strong buy with stop loss
Momentum Finally rains on Rain Industries. 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 181. Targets will be 190 and 197. Long term target in the stock will be 206. Stop loss in the company should be maintained at a closing below 155.
Rain Industries Big OppotunityFllow 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
Rain Industries !@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 loss, Shared for Educational purpose!
RAIN INDSUTRIES Positional up side viewMy 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.
RAIN major levels Rain industries major support levels where candles can take support in its downside movement
Rain Ind long setup, Swing/Investment 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 breakoutKohinoor 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
Our target 89, 98, 116, 130
Sl 73
We except to achieve all the target on upcoming 6 month but for the long period sl has been Increased to 65
RAIN INDUSTRIES IS LOOKING VERY BULLISH ABOVE 180RAIN 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.
