RAIN INDUSTRIES LTD
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Rain Industries

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Hello Friends,

Rain Industries - price corrected around 80% due to carbon price correction.

when a price is correct by 80% it is worthy taking a watch as an investor / long term traders.

As per TA, it is making a long falling wedge and most of the time wedge tend to break upside. So,

one can buy between 85-105 rs and sl below 85 for the target of high (480) again in 1-3 years period.

Traders can wait for the wedge breakout and take a call. The blue line is expected price movement in coming weeks.

Please post your comments.
Not
thats beautiful breakout.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.