Asymmetrical triangle Break out contender #RainIndustries

RAIN INDUSTRIES LTD (NSE:RAIN)

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NSE:RAIN RAIN INDUSTRIES LTD

Rain is setting up as a contender for Asymmetrical triangle Break out on weekly chart, keep an eye. Volumes are supressing, once can enter on Break out with volume and/or perhaps can wait for BO retest. Entry/Exits mentioned on chart, lucrative R:R.
Disc: Chart for study purpose only, not a reco to buy/sell. Do your own research :
Disc; Not invested

Komen:

Trade did not moved as expected, entered at 163, after posting it hear, but hit SL, still holding as the risk is minimal & moved my personal SL to 150, as the risk is very less (163-160 = 3) now 1(63-150 = 13). Disc : No reco to buy/sell, DYOR.

Penafian

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