RAIN trade ideas
#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 Industries Cup & Handle PatternRAIN (Cup & Handle Pattern on Monthly Time Frame)
Current Price = 164.65
Stop Loss = 135
Target Price 1 = 412
Target Price 2 = 478
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.
SWING TRADE RAIN INDUSTRIES LTD has given a good breakout in daily chart . If 175 level is break upside we can take A swing trade . Our SL will be 170 and target will be 184
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
bullish patterwait for green candle and 10 ema indicater used when 10 ema cross green candle and stoploss when touch green candle 10 ema cup and handle pattern try
RAIN Weekly analysis Big breakout happened in RAIN chart
1.Strong volume buildup
2.weekly breakout doe in RAIN chart
Rain Industries, Longterm Trendling BreakoutResuming Uptrend, Can go to near its all time high in coming time.
Rain 1w buy cmp target 176,186, 199, 204.65 risk reward 4.2Rain 1w buy cmp target 176,186, 199, 204.65
risk reward 4.2
sl 157
RAIN HAS GIVEN A BREAKOUTRAIN Has given a breakout this setup looks amazing from cmp we can take a trade.
I DAILY POST BREAKOUT STOCKS FOLLOW FOR MORE.
RAIN INDUSTRIES BULLISH BREAKOUT | CUP AND HANDLEBullish breakout in RAIN INDUSTRIES
The price was trading in downtrend from past few weeks and getting rejected by the falling trendline.
On 5 June 2023, price broke out and closed above the downtrendline signalling BULLS has stepped in and downtrend may be over.
Today, on 14 June, price broke out and close above the previous Lower High resistance of 165.
This breaks the downtrend as well as breakout of Cup and Handle pattern which is a bullish pattern.
I expect price to go high in coming few days.
Entry can be initiated near 165-166.
Stop Loss- 155
Target:-
1.185
2.190
3.205
Remember to follow risk management and position sizing.
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 Sell for intraday tradingRAIN Sell for intraday trading if stock breaks the given support level............
RAIN Sell for intraday tradingRAIN Sell for intraday trading if stock break the given support level..........
RAIN looks good for Swing Trading "I am not a SEBI Registered Advisor. All my sharing are published for educational purpose only. Do your own research before making any trades or investments."
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 - Bullish Swing Reversal with VolumesNSE: RAIN is closing with a bullish 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 consolidating for the past few days which is indicating demand.
One can look for a 8% to 13% 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
Disclaimer:
This is for educational purposes only.
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.
