RAIN- Good consolidation - 40%+ potential - Strong BO possible?

Price Analysis & Overview:

1. Good consolidation.
2. Exceptional volumes surges.
3. Price reacting from the higher levels but also not willing to move down at the same time showing equal buying & selling strength.
Price need to cross 187 level for buyers to get dominated.
4. RRR is favourable.
5. Must be on Radar.

Trade Plan:
Entry = Post 185 level BO
SL = 10-15%
TP = 1:2,1:3,1:4,1:5

- Stay tuned for further insights, updates and trade safely!

- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!


Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray
Chart PatternsrainindustriesTrend Analysis

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