It will rain money in this counter

singh17vivek의
Rain Industries CMP 184.74 Investors

Fibs- the retracement to 50% is strength.

Pattern- the v shaped recovery is a directional buy signal. Hence this dip is an opportunity.

Trendline- break of the trendline is a sign of change in trend.

RSI - taking support above the bull zone of 40 and now ready to break the falling trendline is again very positive.

Composite- taking support above its averages is again very positive.

MA- the conjunction of the three MA's is indicating stock is ready to explode.

Volume- thats accumulation.

Conclusion - buy and hold this counter. For the starters the high is ur tgt.
Chart PatternsTechnical IndicatorsTrend Analysis
singh17vivek

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