RAIN INDUSTRY LONG TERM
RAIN INDUSTRIES :
On Weekly Time Frame it shows break out is awaited within few days, may be in the very next week. If it breaks out (Whose probability is high as it is currently supported by 200 EMA) , long term target would be 340 with some resistance at 240. with a very small SL , one can plan a long-term profit booking from this stock.
Stock PE : 4.50
Industry PE : 13.60
Market Cap : 5644 Cr
On Weekly Time Frame it shows break out is awaited within few days, may be in the very next week. If it breaks out (Whose probability is high as it is currently supported by 200 EMA) , long term target would be 340 with some resistance at 240. with a very small SL , one can plan a long-term profit booking from this stock.
Stock PE : 4.50
Industry PE : 13.60
Market Cap : 5644 Cr
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