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AdNoor

Rain bullish set-up

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RAIN INDUSTRIES LTD (NSE:RAIN)  
AdNoor  
NSE:RAIN   RAIN INDUSTRIES LTD
Chart Patterns Trend Analysis Technical Indicators rainindustries Bullish Patterns breakout
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chartpattern trendanalysis indicator rainindustries bullish breakout
Stock consolidated for very long with just one swing high and low (BOX). Also stock took support on a major support level as shown on chart. Volume spikes are also visible during consolidation and after Breakout. RSI is also greater than 60 , showing strength. Stock may test its upper resistance level around 205.

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